Capital gains tax advice UK

Selling or gifting an asset can create unexpected tax consequences. Capital gains tax (CGT) is usually payable when an asset is sold at a profit but can also be triggered when assets are gifted.

Capital gains tax advice and planning

Whether you have already disposed of an asset or you are planning to dispose of an asset, our expert team will assess your potential CGT exposure and provide you with clear, practical advice on the CGT liability.

We identify and apply all relevant reliefs, such as principal private residence relief, business asset disposal relief, or rollover relief, to reduce your liability wherever possible. If we assess that a formal valuation is needed; for example on business shares, private property, or other complex assets, we coordinate with valuation experts to ensure robustness and HMRC credibility.

Capital gains tax reporting and compliance

If there are reporting obligations as a result of a disposal, we set these out for you in full, complete the required forms, and submit them to HMRC within the relevant timescales. By managing the process, we help you avoid late filing penalties and ensure your obligations are met with confidence.

Our advice covers all types of disposals including property, investments, and business assets. Where deadlines are tight, such as the 60-day UK property capital gains tax (CGT) return, we act quickly to calculate liabilities and make timely submissions. By planning ahead, we can also structure transactions to maximise efficiency and reduce exposure.

Where disposals involve overseas assets, double taxation rules can complicate matters. Thanks to our membership of INPACT, we can liaise with overseas tax specialists to ensure reliefs are claimed appropriately and your reporting obligations are met in each relevant country. This allows you to complete transactions with confidence that you are not overpaying tax.

Get in touch

Get in touch with our private client tax team today prior to selling or gifting an asset, to discuss your capital gains tax position. Our specialists will help you plan effectively, meet all HMRC reporting requirements, and complete your transaction with confidence. Click the link or complete our form below to get started.

Get in touch

Meet our private client team

If you want to find out more or to discuss your personal requirements, don’t hesitate to get in touch. Our Chartered accountants in London and St Albans accountants below will be happy to help.