How To Avoid Capital Gains Tax In The UK: In my latest video, I break down key assets that HMRC legally allow you to not pay tax on.
In the video, I explain how to avoid capital gains tax in the UK by buying certain HMRC approved assets. If you want to legally mitigate your taxes, make sure to watch this one until the very end.
You can watch the full video on YouTube, or at the top of this blog post. Drop me a comment on YouTube letting me know about any other assets you can buy to reduce your tax bill.
The government want to take as much as they can from you via taxation. However, there are some loopholes which are deliberately created to allow the rich to legally avoid taxes. In this article, I will show you 7 assets that allow you to make tax-free profits!
Reading this article will allow you to understand how the rich plan their taxes to keep more of their money, and get you thinking about how you can too!
This is not financial or tax advice, and I am not a financial or tax adviser. This is simplified and generalised information based on my experience as a property investor. Your circumstances are unique, and tax rules are complex. Do not take any action without seeking professional advice.
I want ordinary people to understand how to avoid capital gains tax in the UK legally. That’s why I wrote this article. For too long, this information has only been in the hands of the rich, and I want to change that. However, I need your help to do it!
Please share this article on social media. That way, we can start getting this information into the hands of everyday people! Let’s make sure that everyone understands the tax system as well as the super rich do!
Thank you to everyone who shares this blog post, it could really make a difference to people’s financial lives!
1. How To Avoid Capital Gains Tax In The UK: Watches!
Certain luxury watches go up in value over time! If you buy them as part of your personal collection, it is possible to sell them at a profit without paying capital gains tax.
2. How To Avoid Capital Gains Tax In The UK: Certain Gold Coins!
Certain legal tender bullion coins, such as Britannia coins and post-1837 sovereigns, are exempt from capital gains tax as they are considered currency.
3. How To Avoid Capital Gains Tax In The UK: Cars!
Your personal vehicles can be exempt from capital gains tax! Normally vehicles lose value over time, however certain limited edition and classic cars rise in price.
4. How To Avoid Capital Gains Tax In The UK: Caravans!
Caravans generally don’t hold their value. However, if you upgrade a caravan it is possible it will go up in value in some cases. If you do make a profit, you may be exempt from capital gains tax.
5. How To Avoid Capital Gains Tax In The UK: Your Primary Residence!
If you make money from an increase in the value of your primary residence, you often do not need to pay capital gains tax. However, this does not apply where the purpose of buying the property was to make a profit.
6. How To Avoid Capital Gains Tax In The UK: Commercial Property Bought In A SSAS Fund!
You can buy commercial property in a Small Self-Administered Scheme (SSAS) fund. This is a pension scheme linked to your limited company. While the property is in the fund, it can be exempt from capital gains tax.
7. How To Avoid Capital Gains Tax In The UK: Refinanced Property!
Refinancing property, and taking money out as a mortgage, is another way to legally avoid capital gains tax. The money is a loan, not income or a sale, so it is normally tax-free!
How To Avoid Capital Gains Tax In The UK: Get Trained!
Now you know how to avoid capital gains tax in the UK, but I can teach you how to build a property portfolio in a tax efficient way too! Join me at my next introductory online training event!
We have different online trainings throughout the year, each teaching different things. Here is a sample of what you could learn on one of our online introductory webinars:
- The SECRETS to becoming a successful property investor​​​​​​​
Get immediate and actionable insights to accelerate your property investment journey.
- How to LEVERAGE other people’s money to get started​​​​​​​
Begin to understand the strategies to use to reduce the barriers to getting started.
- How to FIND fantastic property opportunities
Understand where property professionals source the best deals.
- How to RECYCLE your money again and again
Don’t just do it once, repeat the process to build your property portfolio.
Property investing is not just for the rich! Learn the strategies that thousands of people have used to not only start investing, but become financially free! Tickets are free, so book your property training webinar now. If you are ready to take action, I hope to see you very soon!
