PLEASE NOTE THAT THIS VERSION USES TAX RATES AND ALLOWANCES FOR THE TAX YEAR 2015/16 HENCE THE DISCOUNTED PRICE.
CGT liabilities can take a long time to catch up with a client. For example CGT on a gain on a disposal made on 1st May 2015 will fall to be assessed in 2015/16 but the tax will not be due until 31st January 2017.
A working knowledge of CGT may also help a client arrange their affairs to mitigate the CGT liability in the first place Ð an even better result.
This guide takes the reader through a range of worked examples of mainstream CGT calculations together with lots of practice questions.
As well as being essential reading for all financial advisers we recommend this guide for anyone preparing for the CF2,CF5,J02,R02,R03,R06, AF5 or AF1 CII examinations. It may also be of assistance with personal taxation exams including the IFP Certified Financial Planner or Fellowship exams.