Capital gains tax advice and reporting

If you are planning to make a disposal of a capital asset (such as a property), Beaumont Seymour’s services can assist you.

CGT is charged on the difference you paid for an asset and what you receive when it is sold, less your annual CGT exemption, if this has not been set against other gains.  

Our advisers can help you to make the most of any CGT reliefs and exemptions that may be available to you. We will calculate the amount of tax you have to pay and when it needs to be paid by.

If you sell a residential property that incurs a tax liability this will need to be reported to HMRC and the tax paid within 30 days of completion and we can assist with the reporting of this.

For more information, please contact us.