Newshams is an independent tax boutique providing tax consultancy to professional practices and a range of tax advisory services to companies and individuals.

Click on a link below to find out more about each of our tax advice services:


       tax advisory
       service

       tax support
       to law firms

       tax education
       and training

      stamp duty
      (SDLT) savings

Important capital gains tax information

The Coalition Government has announced that it plans to align capital gains tax (CGT) rates for non-business assets with income tax rates. This could result in the current CGT flat rate of 18% being increased to 40% or possibly even 50% depending upon an individual's taxable income. It is also possible that an individual's CGT annual exemption (currently £10,100 for the 2010/11 tax year) may be substantially reduced.

Newshams are currently assisting clients with implementing relatively straightforward tax planning techniques to help ensure they can beat the proposed CGT increase. Please read this Capital Gains Tax planning article for more information about how the forthcoming changes might affect you.