Nucleus Financial, a UK-based advisor-owned and controlled wrap proposition, has launched a free online capital gains tax calculator for its business platform.

The new tool, introduced in response to advisor demand, will allow Nucleus independent financial advisor members to ascertain both the actual and expected capital gains tax for their clients with statements of estimated and realised capital gains. It is intended to simplify for advisors the process of determining capital gains tax for clients in model portfolios with frequent rebalancing, as well as for clients making traditional fund investments