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Capital Gains Tax return on sale of UK Property

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Capital Gains Tax return on sale of UK Property

If you sell a residential property in the UK that isn’t your main home, you must report and pay Capital Gains Tax (CGT) within 60 days of completion. This is a tight window, and missing it results in immediate penalties. We provide rapid, accurate calculations to determine your liability, identifying any available reliefs to ensure you don’t overpay.

What We Offer

Gain Calculation
  • Calculate precise gain/loss on disposal.
  • Deduct allowable costs (legal fees, stamp duty).
  • Account for improvements and capital works.
Relief Application
  • Apply Private Residence Relief (PRR).
  • Utilize Lettings Relief where applicable.
  • Apply Annual Exempt Allowance correctly.
60-Day Reporting
  • Create standalone CGT property return.
  • Submit return to HMRC within the deadline.
  • Generate payment reference numbers.
Non-Resident Services
  • Filings for non-UK residents selling UK land.
  • Advice on Double Taxation Treaties.
  • Rebasing calculations for assets held pre-2015.

Benefits of Our CGT Services

1. Avoid Automatic Fines

The 60-day rule catches many investors out. We prioritize property returns to ensure you file and pay on time, avoiding instant late-filing penalties.

2. Maximize Reliefs

Property tax rules are complex. We ensure you claim every relief you are entitled to (like PRR for periods you lived in the property), significantly reducing your tax bill.

3. Accurate Liability

Overpaying CGT is common due to miscalculations. We ensure your calculation is 100% accurate, factoring in all deductible enhancement costs that DIY filers often miss.

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Business Type
Pricing

Capital Gains Tax return

Pricing

  • Capital Gains tax return for 1 Property: £250
  • Capital Gains Tax return for 1 property where calculation includes improvement costs: £295
  • Capital Gains Tax return for 1 property where calculation includes improvement costs and Principle Private residence relief: £375
  • Capital Gains Tax return for 1 property where calculation includes Principle Private residence relief: £325
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