Fraser Brown Solicitors has responded to the Coalition
Government's announcements on the possible changes to Capital Gains
Tax by announcing the launch of a special task force to provide
clients with access to legal services seven days a week.
The team, which will be made up of thirteen solicitors from the
commercial property and corporate departments, will be available
for calls and face-to-face appointments throughout the weekend as
well as the working week, ensuring a fast response and turnaround
time for clients.
Patrick Wood, partner and head of commercial property at Fraser
Brown, said, "We recognise that in the light of recent
announcements a lot of people might want to dispose of property or
restructure how they hold their property or investment
portfolio.
"Having experienced solicitors available seven days a week not
only allows us to react quickly but also provides a greater degree
of flexibility for those clients who may be busy and unable to make
appointments at standard times during the week."
The Coalition Agreement released by the Liberal Democrats and
Conservatives suggests that the rate of tax payable on non-business
capital gains is likely to rise to similar rates to income tax
rates. This may mean rates as high as 40 or 50 percent, which could
be implemented with immediate effect following the Budget Speech on
22 June.
The task force will be available seven days a week in the run up
to the emergency budget on 22 June. Solicitors will be available on
the telephone or in face-to-face appointments, which can be made by
calling 0115 9888747.