There are many common assets that can be subject to Capital Gains Tax (CGT) when they are disposed of, such as stocks, bonds, and precious metals.
The legislation for CGT is a very complex area. There are many reliefs and exemptions which may lead to significant tax savings. It is therefore recommended that you seek the advice of your accountant, who will be able to prepare your CGT computations, claim any reliefs that you may be entitled to, and calculate any liability that may be due.
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