Capital Gains Tax
Selling, gifting or disposing of an asset can trigger a Capital Gains Tax (CGT) liability — and the rules can be complex. Our Capital Gains Tax service provides expert guidance to help you calculate, report and manage your CGT obligations accurately, while making full use of available reliefs and allowances.
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Whether you’re selling property, shares or business assets, we’ll ensure everything is handled correctly and on time.
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Our Capital Gains Tax services include
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Calculation of Capital Gains Tax liabilities
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Preparation and submission of CGT returns
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UK property disposal reporting (60-day returns)
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Advice on allowable costs, exemptions and reliefs
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Use of annual CGT allowances
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Business Asset Disposal Relief (Entrepreneurs’ Relief) guidance
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Share disposals and investment gains
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Liaison with HMRC on your behalf
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Who this service is for
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Individuals selling or gifting assets
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Property owners disposing of UK residential property
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Company directors and shareholders selling shares
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Business owners exiting or restructuring
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Trustees and personal representatives
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Why choose us?
✔ Accurate CGT calculations and reporting
✔ Clear explanations of your tax position
✔ Proactive tax planning to minimise liabilities
✔ Fixed-fee services where possible
✔ Support with HMRC deadlines and compliance
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We’ll guide you through the CGT process from start to finish, helping you avoid costly mistakes and unexpected tax bills.
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Planning a disposal?
Contact us today to discuss your Capital Gains Tax requirements or to request a no-obligation quote.
Capital Gains Tax FAQs
What is Capital Gains Tax?
Capital Gains Tax is the tax you pay on the profit made when you sell, gift or dispose of an asset that has increased in value. CGT applies to the gain, not the total sale proceeds.
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When do I need to pay Capital Gains Tax?
CGT is usually reported and paid through your Self Assessment tax return. However, for UK residential property sales, a CGT return must be filed and tax paid within 60 days of completion.
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What assets are subject to Capital Gains Tax?
Common assets subject to CGT include:
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Residential property (other than your main home)
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Buy-to-let properties
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Commercial properties
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Shares and investments
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Business assets
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Cryptocurrency (in certain circumstances)
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Do I have to pay CGT on my main home?
Usually not. Your main residence is normally covered by Private Residence Relief, meaning no CGT is due — provided it has been your main home throughout ownership and meets HMRC conditions.
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What reliefs can reduce my CGT bill?
Depending on your circumstances, you may be able to claim:
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Annual CGT allowance
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Private Residence Relief
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Lettings Relief (limited cases)
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Business Asset Disposal Relief
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Allowable purchase and selling costs
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Improvement costs
We’ll review your situation to ensure all available reliefs are applied.
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Can I reduce Capital Gains Tax legally?
Yes. With careful CGT planning, it’s often possible to reduce your tax liability by timing disposals, using allowances effectively or structuring sales and timing disposals appropriately. We provide proactive advice before and after disposals.
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What happens if I miss the CGT deadline?
Late filing or payment can result in penalties and interest from HMRC. We help ensure all returns are submitted accurately and on time to avoid unnecessary costs.
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Can you deal with HMRC on my behalf?
Yes. We can liaise directly with HMRC, handle correspondence and resolve any CGT-related queries or issues for you.
