FAQs - Capital Gains

• As a trustee do I have to pay capital gains tax?
  
• As a beneficiary do I have to pay capital gains tax on gains that the trustees make?
  
• What is the annual capital gains exemption for a trust?
  
• Is each trustee entitled to the trust annual capital gains exemption?
  
• What is the current rate of capital gains tax a trustee pays?
  
• What are post-transaction valuation checks?
  
• How do I get my valuations checked?
  
• How long will it take to get my valuations checked?
  
• What is taper relief?
  
• How do I calculate taper relief?
  
• What is hold-over relief?
  
• How do I calculate hold-over relief?
  
• How do I claim hold-over relief?
  
• What is a settlement?
  
• Is a settlement liable to capital gains tax?
  
• What is a settlor?