A chattel gets its name from an ancient legal term for a movable thing we can possess, that has a tangible form. It could, for example be as large as a motor car, or as small as a tiny ear ring. This post is an update on chattels and capital gains tax, because some … [Read more...]
Capital Gains Tax on Chattels Sold
Capital Gains Tax on Chattels Sold We recommend checking the capital gains tax on chattels, and any commissions applying, before you agree to sell personal possessions. Avery Associates can provide you with a valuation certificate, whereafter what you do next is over … [Read more...]
Capital Gains Tax and Chattels Refresher
Chattels were once a term the landed gentry may have used to refer to the private property of the peasantry. These possessions were restricted to highly mobile items like livestock, as the latter weren’t allowed to own their land, or houses in dark mediaeval days, These … [Read more...]
Chattels and Capital Gains Tax – The Low Down
This brief introduction to chattels and capital gains tax is just that. You’ll find a more complete guide to capital gains tax implications by following the link. If you intend acting on what follows, you should speak to your tax adviser first, before reaching any … [Read more...]
