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Hi, Sam here , one of the UK tax Experts here on Just Answer, thank you for your question and I shall reply shortly
What options would like advise on to mitigate this tax as sadly if the sale has taken place then unless you make a subsequent loss on a sale of assets/shares on this same tax year can you mitigate any aspect of the gain
None of these affect the capital gain position (they are income tax solutions)Thanks
No it does not -
Yes it is but you asked how to mitigate it and you cannot by putting money into a SIPP- if paid post tax then that advise is incorrect is post tax then it does change the basic rate band but you still pay capital gains tax not income tax as already advised
I shall opt out as clearly you are not willing to take on board the different tax regimes and have just wasted our time
Hello, I am one of the experts on Just Answer and pleased to be able to help you with your question.
You have eventually reached a correct position. Do you require any more assistance?
Sam was a Higher Tax Officer with HMRC in an earlier life.