Hayes Chartered Certified Accountants and Tax Consultants 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.
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
Motor vehicles used to carry passengers for personal use are exempt from CGT. This includes classic cars. Motor vehicles not exempt include:
We provide expert tax advice for capital gain tax on
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 asset | Basic rate | Higher rate |
|---|---|---|
| Shares | 10% | 20% |
| Residential property | 18% | 24% |
| Bitcoin/Cryptocurrency | 10% | 20% |
| Other | 10% | 20% |
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 Hayes Charterd Certified Accountants and Tax Consultants 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.
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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or for more details : Contact Us
Stop juggling your finances alone. Hayes Chartered Certified Accountants and Tax Consultants offers everything a business or individual needs under one roof — Bookkeeping, VAT returns, payroll, self-assessment tax returns, pension auto enrolment, year end accounts, corporation tax, capital gains tax, CIS tax returns, tax rebates, landlord taxation, management accounts, cash flow management, budgeting and forecasting, tax advisory, company formation, registered address, company secretarial services, and Making Tax Digital (MTD) compliance. One team. Every service. Zero hidden fees.
Book your free consultation today and find out how much we could save you.
