Billions of pounds are left lying dormant and unclaimed in forgotten bank accounts and investments. However, with a little effort you could be reunited with your money, or that of a deceased relative, for an unexpected windfall.
According to research from Fidelity 91% of Britons admit they do not understand Capital Gains Tax (CGT) and only 6% could identify the correct annual ‘tax-free’ allowance. Given the few tax concessions on offer it’s important that people consider using their CGT allowance. It could save you up to £5,100...
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