Capital Gains Tax Advice & Reporting (UK)
Clear, expert Capital Gains Tax advice for property owners, investors, and business owners.
We calculate, report, and help reduce Capital Gains Tax , including Residential Property CGT and 60-day reporting, accurately and on time.
UK-based ā¢ Property & personal tax specialists ā¢ Jargon-free advice
Selling a residential property?
60-day CGT reporting deadline
UK Property CGT Return & payment
Penalties apply if you miss it
āProperty & personal tax specialists | Deadline-led CGT reporting | Fixed-fee quotes available | HMRC-compliant calculationsā
Who this service is for
Our Capital Gains Tax service is designed for individuals and business owners who need clear advice, accurate calculations, and confidence that everything has been reported correctly.
Landlords selling buy-to-let properties
Second homes and holiday homes
Former main residences (part-period occupation)
Share, crypto, and investment disposals
Business exits and share sales
Capital Gains Tax Calculations
Accurate CGT calculations, including reliefs, exemptions, and correct tax rates.
CGT Reporting & Filing
UK Property CGT Returns and Self Assessment reporting completed correctly and on time.
CGT Planning
Advice before a disposal to reduce tax and avoid costly mistakes.
Residential Property Capital Gains Tax (60-Day Reporting)
If you sell, gift, or dispose of a UK residential property that is not fully covered by main residence relief, you are usually required to report the disposal and pay any Capital Gains Tax within 60 days of completion.
Buy-to-let or rental properties
Second homes or holiday homes
Properties not occupied as your main residence for the full period
Certain gifts or transfers of property
This reporting requirement applies even if you normally complete a Self Assessment tax return.
Important deadline - 60 days from completion
You must usually file a UK Property Capital Gains Tax Return and pay any CGT due within 60 days.
Late filing can result in penalties, interest, and HMRC enquiries.
How our service works
You provide the sale and purchase details
We calculate the gain and apply reliefs
We prepare and submit the CGT return
You pay HMRC on time with confidence
Where required, we also ensure the gain is correctly included in your Self Assessment.
Capital Gains Tax Planning
Capital Gains Tax is one of the few taxes where planning ahead can significantly reduce the amount you pay. Early advice often makes a material difference.
Use of annual CGT exemptions
Timing disposals across tax years
Transfers between spouses or civil partners
Interaction with income tax bands
EIS deferral and other reliefs (where applicable)
Why choose us for Capital Gains Tax
We combine technical accuracy with practical advice, ensuring your Capital Gains Tax is dealt with properly, not rushed or guessed.
Property and personal tax specialists
Clear, jargon-free guidance
Proactive deadline management
Transparent pricing
Support beyond just filing forms
What weāll need from you
Purchase and sale completion statements
Dates of ownership and occupation
Improvement costs (if applicable)
Your wider tax position
Weāll guide you through this step by step.
Ready to get your Capital Gains Tax sorted?
Avoid penalties, reduce risk, and get clear answers from a specialist.
If youāre close to completion, contact us urgently.
FAQs
Do I always have to pay Capital Gains Tax when I sell a property?
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Not always. Capital Gains Tax (CGT) is only due if you make a taxable gain and it is not fully covered by reliefs such as Private Residence Relief.
If the property was your only or main home for the entire period of ownership, there may be no CGT to pay. However, if it was a buy-to-let, second home, or not your main residence for the full period, CGT may apply.
We recommend checking before completion to avoid unexpected tax bills.
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What is the 60-day Capital Gains Tax rule?
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How is Capital Gains Tax calculated on residential property?
If you sell or dispose of a UK residential property and CGT is due, you must usually:
File a UK Property Capital Gains Tax Return
Pay any CGT owed
Within 60 days of completion
This is separate from your Self Assessment tax return. Missing the deadline can result in penalties and interest.
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Is the 60-day deadline from exchange or completion?
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Do I need to file a UK Property CGT Return if there is no tax to pay?
The 60-day reporting deadline runs from the date of completion, not exchange of contracts.
Completion is the date ownership legally transfers and funds are paid.
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Do I still need to report the gain on my Self Assessment tax return?
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What rate of Capital Gains Tax will I pay?
For UK residential property, CGT is currently charged at:
18% for basic rate taxpayers
24% for higher and additional rate taxpayers
The rate depends on your total taxable income and gains in the year of disposal.
Can I reduce my Capital Gains Tax bill?
What costs can I deduct from a Capital Gain?
What happens if I miss the 60-day CGT deadline?
The taxable gain is generally calculated as:
Sale proceeds
minus
Purchase cost
minus
Allowable costs (legal fees, stamp duty, estate agent fees)
minus
Improvement costs (not repairs)
The remaining gain is then reduced by any available reliefs and your annual CGT exemption (if available), before applying the appropriate CGT rate.
In some cases, yes. Planning opportunities may include:
Using annual exemptions efficiently
Timing disposals across tax years
Transfers between spouses or civil partners
Claiming Private Residence Relief correctly
Considering reinvestment reliefs where appropriate
Early advice is key ā once the sale has completed, planning options are often limited.
HMRC may charge:
Late filing penalties
Late payment penalties
Interest on unpaid tax
If you have already missed the deadline, it is important to act quickly to minimise penalties.
If completion is approaching, contact us as soon as possible.
We can review the figures quickly, estimate your Capital Gains Tax liability, and ensure the 60-day reporting deadline is not missed.
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You can usually deduct:
Legal fees on purchase and sale
Estate agent fees
Stamp Duty Land Tax paid on purchase
Capital improvement costs (e.g., extensions, structural improvements)
Routine maintenance or repair costs are generally not deductible for CGT purposes.
In many cases, if there is no CGT due (for example, the gain is fully covered by Private Residence Relief), a 60-day return is not required.
However, the rules can vary depending on the circumstances, so it is important to confirm before deciding not to file.
Iām close to completion ā what should I do?
In most cases, yes.
Even if you file a UK Property CGT Return within 60 days, the disposal must usually also be included on your annual Self Assessment tax return for that tax year.
We ensure both are handled correctly and consistently.