Selling Assets
Capital Gains Tax (CGT) arises on the gains arising from the disposal of assets. If you have sold any assets or property this year you may be liable to pay CGT.
For disposals made in the period from 1st January to 30th November, any CGT due should be paid by 15th December. For disposals made in the period from 1st December to 31st December, any CGT due should be paid by 31st January of the following year.
Should you require any assistance with the calculation of a potential CGT liability please contact me on 086 3111565.
I also provide extensive taxation services to: