Share this content

Postponement application affected by potential CGT

Didn't find your answer?

I have a client who is selling his business soon and will possibly have a CGT liability. A postponement application is being considered while filing the 2018-19 return. Should the CGT liability be taken into consideration when framing the postponement application.

Replies (1)

Please login or register to join the discussion.

By johngroganjga
22nd Nov 2019 11:59

What do you mean by postponement application? Do you mean an application to reduce payments on account? If so, you can ignore the CGT liability.

Thanks (0)
Share this content