Capital gains tax accounting services in UK

Hayes Chartered Certified Accountants proudly provides Capital gains tax accounting services in UK.

Our Capital Gains tax – CGT services are especially designed to provide you with complete advice tailor-made to your particular business needs.

  • Plan to save capital gains tax

  • Want to Report the capital gain to HMRC?

  • 9 out of 10 clients save on their capital gains tax payments

  • Trained and approved ex-HMRC Senior Tax Professionals available now

  • Capital Gain Tax advice specialists here to help you

What is Capital gain Tax - CGT and what is it payable on?

Capital gains usually occur when an asset is sold for more than it costs to buy.  Typically, the asset is a property or some other investment like shares. 

For Example :
You bought a necklace for £10,000 and later sold it for £20,000. This means you made a capital gain of £10,000 (£20,000 – £10,000).

Some of the common assets includes 

  • Shares
  • Investment funds
  • Second properties
  • Inherited properties
  • The sale of a business
  • Shares now not held in an ISA or PEP
  • Cryptocurrencies
  • Business belongings
  • Property that is not your important home – residential or business
  •  

What assets are not liable?

Motor vehicles used to carry passengers for personal use are exempt from CGT. This includes classic cars. Motor vehicles not exempt include:

    • Racing cars
    • Taxi cabs
    • Single seat sports cars
    • Commercial vehicles such as lorries, van, buses etc.
    • Motor bikes, scooters etc.

HCCA Capital gains tax accounting services in UK

We provide expert tax advice for capital gain tax on 

  • Your Capital Gains Tax liability.
  • Capital Gains Tax bills.
  • Capital Gains Tax rates.
  • Capital Gains Tax allowance.
  • How to offset Capital Gains Tax.
  • Self assessment tax return.
  • Potential tax reliefs.
  • Tax planning.

➤ Capital Gains Tax Reliefs

When selling an asset, there are some of reliefs to be had , exempt or delay the Capital Gains Tax due.

➤ Capital Gains Tax on Gifts

We can help you to exempt from several taxes on precious gifts you receive.

➤ Capital Gains Tax on Divorce

When assets are split or sold as the result of separation or divorce, there are several capital tax gains rules to be considered.

➤ Capital Gains Tax on Inherited Assets

There are a lot of rules and regulations for the Capital Gains Tax on Inherited Assets.

➤ Non-UK Resident Capital Gains Tax

We have experience in lowering the Capital Gains Tax due on the sale of UK assets and land for non-UK citizens.

Calculate capital gains tax

The rate of tax applicable to capital gains on residential property is 28% to the extent combined income and gains are over the higher rate tax threshold and 18% otherwise.  The higher rate of tax for other types of gain is 20% but otherwise is at 10%.  A 10% rate applies to gains that qualify for business asset disposal relief.

Type of assetBasic rateHigher rate
Shares10%20%
Residential property18%24%
Bitcoin/Cryptocurrency10%20%
Other10%20%

Hayes Chartered Certified Accountants can help you with Capital gains tax accounting services in UK

Looking for CGT services, Choose US.

Hayes Chartered Certified Accountants can help you with Capital gains tax accounting services in UK. 

The calculation of a benefit isn’t always continually sincere. While it can seem as simple as ‘proceeds less costs’ there may be reliefs you. You also need to bear in mind some other income you have got acquired in the tax year to determine what rate of CGT you want to pay. At Bracey’s, we will collect the information needed from you and bring a capital gains tax document to be submitted to HMRC, ensuring that any reliefs you’re entitled to are claimed and shown so you don’t omit out on these.

The stats speak for themselves

Professional Accounting Staff
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Savings on taxes when done with us
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Years of Experience on Average
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Business Served
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FAQ's

If you inherit the asset, you will only be liable to capital gains tax personally if you dispose of the asset in the future.

You generally will not pay capital gains tax on other UK assets e.g. shares in UK companies, unless you return to the UK within 5 years of leaving.

Yes, Hayes Chartered Certified Accountants understands the importance of clear communication. We offer virtual consultations, allowing clients to discuss their accounting needs, ask questions, and receive personalized advice from our experts without the need for an in-person meeting.

You can book free consultation slot here “Get Free Consultation”

Choosing between traditional, local and online accounting firms is a personal decision. However, some local companies can only work on certain types of startup businesses. For example, a company may specialize in working with as in single trader or a limited company model, but does not provide the flexibility needed for potential growth as a small company. In general, online accountants for startups like HCCA can provide much more affordable and flexible accounting services than the local accountants.

As we also offer free online consultation to understand the to provide you the best accounting solution as possible.

There are a lot of ways you can contact Hayes Chartered Certified Accountants (HCCA), 

Call : 02086460800

WhatsApp : 07429584191

Email : info@hayes-accountants.co.uk

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