Capital Gains Tax

[robertbanking]

Hello you very wonderful and intelligent people that make up this forum. I truly hope you are having a successful week and things are going positive for you.

At current the Capital Gains Tax rate is quite high when making a gain with stocks and shares, it can reach as high as 24%. I do use an ISA but was please wondering of alternative strategies to reduce my Capital Gains Tax please.

I please kindly wondered if i setup a Limited Company, rather than as an individual and buy stocks, would i only pay Corporation Tax on gains and would all valid business expenses be deducted from my Capital Gains before i pay Corporation Tax please? If anyone kindly had any thoughts on this i would be forever grateful and thankful, it would mean the world to me.

Thank you very much for your time and support. Hope you have a wonderful rest of the week. Sending you lots of good wishes and i truly hope you have a wonderful and happy life. I sincerely hope you achieve all your business goals. With my every best wishes.

 

[Mark T Jones]

Oh. Hello again

 

[Lucan Unlordly]

Hello you very wonderful and intelligent people that make up this forum. I truly hope you are having a successful week and things are going positive for you.

At current the Capital Gains Tax rate is quite high when making a gain with stocks and shares, it can reach as high as 24%. I do use an ISA but was please wondering of alternative strategies to reduce my Capital Gains Tax please.

I please kindly wondered if i setup a Limited Company, rather than as an individual and buy stocks, would i only pay Corporation Tax on gains and would all valid business expenses be deducted from my Capital Gains before i pay Corporation Tax please? If anyone kindly had any thoughts on this i would be forever grateful and thankful, it would mean the world to me.

Thank you very much for your time and support. Hope you have a wonderful rest of the week. Sending you lots of good wishes and i truly hope you have a wonderful and happy life. I sincerely hope you achieve all your business goals. With my every best wishes.

You had a number of comprehensive replies to your Capital Gains question back in July 2024....
Here's a reminder of what you asked then..........

'I have a small portfolio of stocks i hold and also Index's, however with Capital Gains tax in the UK so high i was wondering the best way to minimise my tax bill please. I know some people hold share dealing accounts under Limited Companies as the taxation rate is different to Personal Capital Gains tax. Does anyone please know if setting up a Limited Company and opening a share dealing account under this Limited Company would be a good way to reduce Capital Gains Tax please?'

 

[fisicx]

Asked and answered. Thread closed.