Best ways to use the capital gains scheme
The Capital Gains Account Scheme helps you save on long-term gains tax; reason enough to befriend it
Selling a house results in you suddenly having a large sum of money. And unless you have already decided how it’s going to be used, chances are that it will either be put in a savings account, or it gets spent. And, of course, there is tax to be paid on the gains. Some of this can be avoided.