Literature Network » William Congreve

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From: Sunday Business (London, England)
Date: 20010325
Author:

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NA a letter written 300 years ago, English dramatist William Congreve advised: "Defer not 'till tomorrow to be wise, tomorrow's sun to thee may never rise." This was undoubtedly good advice at the time, but in the 21st century investors willing to take a risk should consider deferral of capital gains tax (CGT).

Assuming the annual exempt allowance ([pound]7,500 from April) has been exhausted and that spouses have transferred assets between each other to ensure that both allowances are used, what else can you do?

One possibility is to roll over the gain into a ...

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