Property Capital Gains Tax Calculator
Overview
This unique and intuitive program takes most of the work out of your property capital gains tax calculations. Simple and quick to use, it is recommended for anyone looking to significantly reduce their capital gains tax bill.The new edition incorporates ALL of the changes from the March 2008 Budget. The major changes, from 6th April 2008, include: A flat rate of Capital Gains Tax -- 18%
Abolition of taper relief
Abolition of indexation relief What does the calculator do?
- Takes into account all personal circumstances and delivers tax planning advice which is tailored just for you.
- Provides both a detailed analysis of your tax situation, and a shorter more concise summary.
- Takes account of all capital gains tax reliefs and allowances such as Private Letting Relief, Principal Private Residence Exemption, Indexation and Taper Relief (before April 2008).
- Allows you to provide details of your other income and assets, and takes those into account when performing calculations.
- All significant factors are covered including how the property has been used, for example if it has been used for residential use, business use or for rental income, and whether the property has been improved under your ownership.
- Deals with capital gains arising in future tax years using the most up to date forecasts of the future tax regime.
- Handles previous tax years as well.
The calculator can also be used to carry out a number of 'What if?' calculations. This is very useful as you can work out the tax implications if you were to sell the property a few years down the line, not just in the current tax year. Computer RequirementsMicrosoft Excel is required to run the calculator. It is designed to be extremely user friendly, requiring you to only enter your own figures and a few simple details. The Free Hotline number supplied in the users guide on the CD is available to help you if you run into difficulties.
About the Author
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The Author of Property Capital Gains Tax Calculator is Carl Bayley. Carl's speciality is his ability to take the complex world of taxation and set it out in the kind of clear language that taxpayers can understand. Carl is also a regular contributor to TV programmes such as the BBC's It's Your Money programme and national newspaper articles on tax matters. He is a former member of the governing Council of the Institute of Chartered Accountants in England and Wales.
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Ordering Information
We use Worldpay's renowned secure payment server to process payments. Worldpay is part of the Royal Bank of Scotland Group.
All customers will receive a complimentary electronic copy of the comprehensive tax guide 'How to Save Tax 2007/2008' - worth £19.95.
What does the property calculator cost?
This unique calculator costs £39.95.
Postage and Packaging is only £1.50 no matter how many items you order
You can also order by telephone on 0845 111 0743 Mon-Fri 9am-5pm (Please quote reference: WealthProtectionReport)
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Capital Gains Tax Advice
If you require specific advice on capital gains tax, you can submit a question via our Capital Gains Tax Advice section.
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