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Capital Taxes covers how wealth is taxed when it is transferred or realised. In England, solicitors advise on rules around inheritance tax, capital gains tax, and land/asset transfer taxes such as stamp duty land tax and related reliefs, along with the specific reporting and planning required for substantial wealth events. A solicitor practising in this area drafts and structures wills and lifetime gifts, reviews valuations, and communicates with HM Revenue & Customs to secure reliefs, exemptions and correct filings. They may also handle capital gains planning in corporate or personal contexts.
