Penny & Pounds

Capital Gains Tax

Selling assets can trigger Capital Gains Tax, but careful planning can reduce what you owe. We provide clear, practical advice to help you calculate, report, and manage your capital gains efficiently.
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Clear Advice and Tax-Efficient Capital Gains Support

Capital Gains Tax can arise when you sell or dispose of assets such as property, shares, or investments. Understanding what is taxable, what reliefs are available, and how much tax is due can be complex, particularly when deadlines and reporting rules are involved.

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We provide clear, practical support to help you calculate your capital gains accurately and remain fully compliant with HMRC. Whether you’re selling a second property, disposing of shares, or planning an asset sale, we’ll review your situation and explain your tax position in plain English.

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We’ll help you identify allowable costs, apply any available reliefs or exemptions, and ensure gains are reported correctly and on time. Our aim is to reduce your Capital Gains Tax liability where possible, avoid costly errors, and give you confidence that everything has been handled properly.

“Everything was explained clearly and my Capital Gains Tax was handled efficiently. I felt confident knowing I wasn’t paying more tax than necessary.”
Jane

Frequently asked questions.

If you have any further questions don't hesitate to reach out to us, we're always on hand to help.

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What is Capital Gains Tax?

Capital Gains Tax is the tax you pay on the profit made when you sell or dispose of an asset that has increased in value, such as property, shares, or investments.

When do I need to pay Capital Gains Tax?

The timing depends on the type of asset sold. For UK residential property, gains typically need to be reported and paid within a specified timeframe following completion. We’ll advise you on the exact deadlines based on your situation.

Can Capital Gains Tax be reduced?

Yes. There may be reliefs, exemptions, and allowable expenses that reduce your taxable gain. We’ll review your circumstances and apply any reliefs you’re entitled to in a compliant way.

Do you help with property Capital Gains Tax?

Yes. We regularly assist clients with Capital Gains Tax on property, including second homes and investment properties, ensuring accurate calculations and timely reporting.

Do I need to report Capital Gains if no tax is due?

In some cases, gains still need to be reported even if no tax is payable. We’ll confirm your reporting obligations and handle submissions where required.

Penny & Pounds