Capital Gains Tax accountant London
Capital Gains Tax advice before you sell, gift, transfer or report an asset.
Tax Accountant London provides Capital Gains Tax advice, CGT calculations, 60-day UK property CGT returns, Self Assessment CGT reporting and HMRC support for individuals, landlords, directors, investors, non-residents and business owners.
The correct calculation can depend on ownership, dates, improvement costs, reliefs, losses, residence status, connected parties, foreign tax, crypto records, share matching rules and whether a separate HMRC property report is required.
Gain, allowable costs, reliefs, losses, tax rate and reporting route checked before submission.
UK residential property disposals reviewed for HMRC property reporting and payment deadlines.
Records, valuation points, ownership history and relief claims reviewed before a position is filed.
Capital Gains Tax advice London
CGT applies when an asset is disposed of, not only when cash is received.
Capital Gains Tax can arise when you sell, gift, transfer, exchange or otherwise dispose of an asset. The asset may be a rental property, second home, shares, cryptoassets, business assets, land, foreign property or an interest in a company.
A CGT accountant should not only calculate the gain. The work should check whether the disposal is reportable, which reliefs apply, which costs are deductible, whether losses can be used, whether a 60-day property return is needed and whether the disposal also needs to be included on a Self Assessment tax return.
Who needs Capital Gains Tax support
CGT advice for property owners, investors, landlords, directors and internationally connected clients.
The CGT rules can affect both individuals and businesses. The right advice depends on the asset, tax year, residence status, ownership history and evidence available.
Landlords and second-home owners
Property sales, rental history, improvement costs, Private Residence Relief, 60-day reporting and Self Assessment reconciliation.
Non-residents selling UK property
UK land and property disposals, reporting obligations, valuations, rebasing issues and UK tax return interaction.
Investors and crypto clients
Shares, funds, crypto disposals, token swaps, exchange records, share matching, losses and annual exemption review.
Business owners and directors
Company share sales, business disposals, Business Asset Disposal Relief, associated companies and qualifying conditions.
CGT accountant services
Choose the route by asset, deadline and reporting requirement.
Capital Gains Tax work should begin with the disposal type. A UK residential property sale is handled differently from crypto disposals, company share sales, foreign property, gifts, connected-party transfers or inherited assets.
Property CGT accountant London
Property CGT needs ownership, occupation and evidence checked before the return is filed.
Property Capital Gains Tax is one of the most common areas where mistakes happen. The gain may be affected by purchase costs, sale costs, enhancement expenditure, ownership shares, periods of occupation, letting history, transfers between spouses or civil partners, divorce or separation, probate values, non-resident rules and reporting deadlines.
UK residential property disposals may need a separate online CGT report and payment within the required deadline, even before the Self Assessment tax return is filed.
Relief depends on whether the property was your only or main residence, periods of occupation, absence, letting and the final period rules.
Legal fees, estate agent fees, stamp duty and qualifying enhancement expenditure should be reviewed. Repairs and improvements are not the same.
Each owner may need a separate calculation. Ownership history, beneficial interest and declarations of trust can affect reporting.
Non-residents selling UK property need careful review of reporting duties, valuations, rebasing and UK Self Assessment interaction.
Where an asset was inherited, the probate value, sale price, costs and estate records may be central to the CGT calculation.
Specialist CGT advice
Areas often missed by a basic Capital Gains Tax calculation.
A simple calculator may estimate a gain, but it will not usually decide whether the legal position, ownership evidence, relief claim or reporting route is safe. These points can change the tax, the filing route and the penalty exposure.
Gifts or transfers to family members, connected companies or trusts may use market value rather than the cash actually received.
Transfers between spouses or civil partners can have special timing rules. Court orders, separation dates and main residence issues should be reviewed.
UK residents may need to report overseas property gains, consider foreign tax paid and claim double tax relief where available.
Share and fund disposals may need same-day, 30-day and section 104 pool matching before the gain is calculated.
Crypto sales, swaps, spending, bridging, staking rewards and exchange transfers need careful record review before reporting.
Losses may reduce taxable gains, but they need to be identified, claimed and supported correctly.
Investment and crypto Capital Gains Tax
Shares, funds and cryptoassets need transaction-level review.
Investment CGT can become complex where there are frequent disposals, reinvestments, fund switches, foreign currency, crypto swaps, DeFi activity, missing exchange data or losses carried forward from earlier years.
Portfolio CGT calculations
We review disposals, acquisition costs, pooled holdings, share matching, corporate actions, equalisation, losses and annual exemption use.
Crypto CGT accountant support
We review exchange data, token disposals, swaps, gains, losses, transfers, wallet records and whether income tax issues also arise.
Foreign currency and overseas tax
Foreign assets may require exchange rate conversion, overseas tax review and double tax relief analysis where the client is UK resident.
Business Capital Gains Tax advice
Business disposals need relief conditions checked before the sale completes.
Business Capital Gains Tax can involve the sale of a trade, partnership interest, commercial property, goodwill, company shares or assets used in a business. Reliefs are condition-based, and small details can affect the tax rate.
We review ownership, officer or employee status, trading company position, shareholding, voting rights and qualifying period.
Director-shareholders may need advice on consideration, deferred proceeds, earn-outs, share options, loan notes and reporting timing.
Business premises and company assets can involve different tax treatment depending on ownership, use and sale structure.
Business CGT advice should happen before signing documents, not after the disposal has already created a fixed tax result.
How we calculate Capital Gains Tax
A CGT calculation should explain the tax position, not just produce a number.
We prepare CGT calculations using a records-based method. Where evidence is missing, we identify the gap before the figure is filed.
We confirm what was disposed of, the disposal date, ownership share, consideration and reporting route.
We review acquisition cost, probate value, market value, rebasing, share pool cost or original investment cost.
We check legal fees, selling costs, stamp duty, enhancement expenditure, incidental costs and evidence.
We consider available reliefs, annual exemption, capital losses, connected-party rules and special provisions.
We calculate the gain, tax rate, tax due, payment deadline and whether the gain affects Self Assessment.
We prepare the reporting route or advise on amendment, disclosure or HMRC response where the deadline has passed.
HMRC Capital Gains Tax enquiries
Late, missing or incorrect CGT reporting should be handled carefully.
HMRC may ask about property disposals, crypto transactions, foreign assets, undeclared gains, incorrect relief claims, valuations, losses or late 60-day reports. A response should be based on the records and the legal position, not guesswork.
Records needed for CGT advice
Good records can reduce the risk of overpaying tax or filing an unsupported position.
Purchase statement, sale statement, completion dates, legal fees, estate agent fees, improvement invoices, ownership documents and occupation history.
Contract notes, portfolio statements, acquisition dates, disposal dates, corporate actions, losses and foreign currency details.
Exchange downloads, wallet addresses, transaction history, swaps, disposals, transfers, staking records and missing data notes.
Share sale agreement, company records, trading history, shareholding, officer status, consideration and relief evidence.
Capital Gains Tax process
A clear route from first review to filing or advice.
We identify the asset, date, ownership, deadline, reporting route and records required.
We review supporting documents, costs, reliefs, losses, valuations and HMRC filing requirements.
We prepare the CGT calculation and confirm whether a 60-day report, Self Assessment entry or disclosure is needed.
We file the agreed return or provide advice on the tax position, payment, correction route or HMRC response.
Capital Gains Tax fees
CGT fees depend on asset type, records and reporting urgency.
We quote before work starts. A straightforward property CGT calculation is different from a case involving non-residence, crypto data, connected-party transfers, historic omissions, multiple disposals or HMRC enquiry risk.
For one property with clean records and a standard reporting route.
Depends on transaction volume, platform records and calculation complexity.
For reliefs, non-residents, connected parties, business disposals or HMRC risk.
Capital Gains Tax FAQs
Common questions about CGT reporting, deadlines, property, crypto and HMRC.
When do I need a Capital Gains Tax accountant?
You may need a Capital Gains Tax accountant when you sell, gift, transfer or exchange an asset and need to know whether a gain is taxable, reportable or eligible for relief. This is especially important for property, crypto, company shares, foreign assets, non-residents and HMRC enquiries.
Do I need to report a UK residential property sale within 60 days?
A UK residential property disposal may need a separate online CGT report and payment within the required deadline if tax is due. The disposal may also need to be reconciled on your Self Assessment tax return depending on your circumstances.
Do non-residents need to report UK property disposals?
Non-residents disposing of UK land or property may have UK reporting obligations even where no tax is due. The calculation may need valuation, rebasing and residence review before filing.
Can I deduct improvement costs from a property gain?
Some enhancement costs may be deductible if they improve the asset and are still reflected in the property at disposal. Routine repairs and maintenance are different from capital improvements and should be reviewed carefully.
Does Private Residence Relief remove all CGT on a home?
Private Residence Relief may reduce or remove CGT where a property was your only or main residence. Relief can be restricted where there were periods of non-occupation, business use, letting, land issues or more than one residence.
Is CGT payable on a gift?
A gift can still be treated as a disposal for CGT purposes. Connected-party rules may require market value to be used even if no money changes hands.
How is crypto taxed for Capital Gains Tax?
Cryptoassets can create CGT events when sold, swapped, spent or otherwise disposed of. Some crypto activity can also create income tax issues. Transaction records need to be reviewed before deciding the correct tax treatment.
What happens if I missed a CGT deadline?
If a CGT deadline has been missed, the position should be reviewed before filing late or contacting HMRC. The correction route may depend on the asset, tax year, whether HMRC has contacted you, and whether penalties or interest may apply.
Can capital losses reduce my CGT?
Capital losses may reduce taxable gains if they are identified, claimed and used correctly. Some losses can be carried forward, but the reporting and evidence position should be checked.
Do I need CGT advice before selling business shares?
Yes, advice before sale is recommended where Business Asset Disposal Relief, deferred consideration, earn-outs, share options, associated companies or company trading status may affect the tax result.