In this scenario, the properties which your client owns are sold at a time in the future.  This may coincide with retirement, or with a future identified date where the client wishes to use the profits for some other purpose

The above two scenarios will have distinct capital gains tax implications.  While these implications cannot be completely pre-determined, due to changing legislation and an inability to completely forecast a client’s future income, some capital gains tax can almost be assured and your clients should be made aware of how this may impact upon them.  You would be well advised to refer your client to their accountant for a full explanation of capital gains tax, how to minimise it and its ultimate impact on their potential portfolio.