Tolley's Capital Gains Tax Planning 2010-11

Tolley’s Capital Gains Tax Planning quickly shows you how to translate this year’s legislative changes into real planning opportunities for your clients.

Capital Gains Tax planning is an essential part of a personal tax advisors job. It is probably also the most complicated tax, with significant sums at stake. Even some basic planning on CGT can reduce your clients' tax bills significantly.

This edition of Tolley's Capital Gains Tax Planning gives you the very latest advice. It covers all the key topics, with detailed coverage on the new changes in CGT legislation, as a result of the Finance Act 2010, the Finance (No 2) Act 2010 and the Finance (No 3) Act 2010.

The new edition of Tolley’s Capital Gains Tax Planning has been updated to include:

• The new tax rates for Capital Gains Tax 10%, 18% and 28%
• Planning opportunities to maximise tax at the lower rates
• New planning strategies to maximise entrepreneurs’ relief at the higher limit of £5m
• How to make the most out of the available roll-over, hold-over and deferral reliefs
• Loss relief planning to make the most out of unsuccessful business ventures
• Principal private residence relief and the “flipping” opportunities still available
• Current business structuring and disposal strategies

Using worked examples, case studies, and practical points, Tolley’s Capital Gains Tax Planning pinpoints exactly how to make the most of the key CGT reliefs and how to avoid the most common costly pitfalls.

Tolley’s Capital Gains Tax Planning benefits from:

• A transaction based approach – provides the practitioner with solutions to real life problems that their clients face
• An integrated style – considers the interactions of different taxes to ensure a feasible solution is suggested
• Real planning opportunities – complicated tax legislation is interpreted into the clear advice you need to successfully minimise your clients’ tax bills
• Expert authors – written by experts dealing with the subject matter every day, solving clients’ problems and providing tax advice