Navigating Capital Gains Tax (CGT) can be complex, especially when dealing with the sale of assets such as property, investments, or business interests. Our comprehensive Capital Gains Tax services are designed to simplify this process, ensuring that you understand your obligations and can take advantage of any available tax reliefs to minimize your tax liability.

Who Needs to Pay Capital Gains Tax and Why?
Capital Gains Tax (CGT) applies when you sell or dispose of an asset and make a profit. Common examples include selling property (excluding your primary residence), shares, business assets, or other valuable items like antiques or collectibles. Both individuals and businesses may be liable for CGT, depending on the type and value of the assets sold.
Key scenarios where CGT may be applicable include:
– Selling a Second Property or Rental Property: You may need to pay CGT on any profit made from the sale of a property that isn’t your main home.
– Disposing of Investments: Selling stocks, shares, or other investment assets for more than their original cost can trigger CGT.
– Business Asset Sales: Entrepreneurs may face CGT when selling business assets or their entire business.
– Transfers of Valuable Items: Disposing of valuable personal items, such as art or collectibles, may also incur CGT if the profit exceeds the tax-free allowance.
Filing and paying Capital Gains Tax correctly is essential to avoid penalties and ensure compliance with HMRC. With our expert guidance, you can accurately calculate your CGT liability and explore any exemptions or reliefs that may apply to your situation.

Our Capital Gains Tax Services
We offer a full range of Capital Gains Tax services tailored to meet the needs of individuals, property owners, investors, and business owners. Our goal is to simplify the CGT process, reduce your tax liability, and ensure compliance with HMRC regulations. Our services include:
• Capital Gains Tax Calculations: Accurately calculating your CGT liability, taking into account the asset’s sale price, allowable expenses, and any applicable tax-free allowances.
• Tax Planning and Reliefs: Advising on tax-saving strategies and available reliefs, such as Private Residence Relief, Business Asset Disposal Relief (formerly Entrepreneurs’ Relief), and Investment Reliefs, to minimize your CGT bill.
• Reporting and Filing: Preparing and submitting your Capital Gains Tax return to HMRC, ensuring that all necessary details are correctly reported and the return is filed on time.
• Property Sales and CGT: Providing specialized support for property owners, including calculating CGT on the sale of rental properties or second homes and advising on any available reliefs.
• Investment Portfolios: Assisting investors with CGT implications of selling shares or other investments, including strategies to optimize the timing of sales and use of annual exemptions.
• Business Asset Disposals: Supporting business owners with CGT on the sale of business assets or the entire business, maximizing available reliefs and minimizing tax liabilities.
• Non-Resident CGT Reporting: Advising non-UK residents on CGT obligations related to UK property sales and assisting with reporting requirements.
• Asset Valuation and Record Keeping: Helping you determine the correct valuation of assets for CGT purposes and advising on the records you should keep to support your tax calculations.
• Handling HMRC Queries: Representing you in any discussions with HMRC, addressing queries, and resolving disputes related to your CGT calculations or returns.
• Pre-Sale Tax Planning: Providing pre-sale tax planning advice to help you structure transactions in a tax-efficient way, considering potential future CGT liabilities.

Our team of tax specialists is here to guide you through every step of the Capital Gains Tax process. We ensure that you understand your obligations, maximize available reliefs, and meet all filing requirements on time. Let us handle the complexities of CGT so you can focus on making confident financial decisions.