There’s an old adage in finance … there’s no such thing as a free lunch!
It comes mainly from the notion that if someone in finance offers to buy you lunch, they’re going to ask for something in return, and when they do, it’ll probably end up being more expensive.
However, when it comes to an investor’s Annual Tax-Free Allowance there may indeed be a free lunch on offer.
The Annual Tax-Free Allowance on capital gains in the UK is £11,300 in 2018. That’s £2,260 of future Capital Gains Tax (CGT) wiped out every year if the right amount of gain can be released from the portfolio. But with investors routinely missing out simply because they don’t know the rules and advisers struggling to provide the service in a scalable way, is there a way forward?
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• The value of the UK CGT Allowance from a global perspective
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