Capital gains tax accountant

UK residential property gains must be reported and the tax paid within 60 days of completion — separate from and earlier than Self Assessment.

The relief (formerly Entrepreneurs' Relief) taxing qualifying business disposals at 10% up to a lifetime limit — conditions apply for at least two years before sale.

The slice of gains each person can realise tax-free per year — now small, which makes timing disposals across tax years worth planning.

Your Unique Taxpayer Reference — the 10-digit number HMRC issues when you register for Self Assessment. Lifelong, and needed for every return.

Advance payments toward next year's tax, due 31 January and 31 July, triggered once your bill passes £1,000. The first year they apply effectively bills 150% at once.

The main Self Assessment return form. Supplementary pages bolt on for employment, self-employment, property, capital gains and foreign income.

The difference between what your payments on account covered and what the year's tax actually was — settled each 31 January.

Sixty days from completion to file the property CGT return and pay the tax — separate from and earlier than Self Assessment. If completion already happened, tell us the date today: late filing penalties start at £100 and grow, but the sooner it's in, the smaller the damage.

Sale proceeds minus purchase price minus buying and selling costs (legal fees, stamp duty, agent fees) minus capital improvements — extensions and renovations count, redecorating doesn't. Then the annual exempt amount, then the rate your income band sets. Documentation of old improvement costs is usually where we add the most value.

Fully — every disposal including swapping one coin for another, not just cashing out to pounds. The share-matching rules apply, exchanges rarely give usable UK tax reports, and HMRC receives data from platforms. Our crypto tax service reconstructs the position from your transaction history.

If you sell a UK residential property at a gain, you must file a CGT return and pay the tax within 60 days of completion — separate from, and much earlier than, Self Assessment. Penalties apply immediately after day 60. It's the most-missed deadline in UK tax.

For most assets 18% or 24% depending on your income band. Business asset disposal relief can cut qualifying business sales to 14%. Your other income determines the split — which is exactly what we calculate.

Usually yes — swapping token A for token B is a disposal for capital gains purposes, as is spending crypto. Only buying with pounds and holding is tax-free. This is the rule that surprises people most.

Almost certainly. The annual exempt amount is £3,000, so even modest gains are reportable and taxable. Losses matter more than ever too — registering them lets you offset future gains.

Under Section 24 you can't deduct mortgage interest from rental profits — instead you get a 20% tax credit. Higher-rate landlords pay noticeably more than under the old rules, which is why the sums (and the company question) deserve proper attention.

Sometimes. Companies deduct interest in full and pay corporation tax rates, but you face costs extracting profits and potentially CGT/SDLT moving existing properties in. We'll run your actual numbers — the honest answer is 'it depends', and we'll show you on what.

Preparation and online filing of your full SA100 return, including the supplementary pages your situation needs. If your return is more complex — rental income, capital gains — the packages above show the fixed price, and we confirm it in writing before starting.

Yes. Late returns are common and fixable: we prepare and file the outstanding return quickly, and where there's a reasonable excuse we help you appeal penalties. The sooner it's filed, the sooner the penalties stop growing.