Capital gains tax advice and reporting

At Beaumont Seymour, our advisers can calculate your potential CGT liability, identify any available reliefs and exemptions, and provide clear advice on your reporting and payment obligations. We help ensure you meet HMRC requirements accurately and on time.

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You must report and pay any capital gains tax (CGT) due on the sale of a UK residential property within 60 days of completion. This applies where you make a taxable gain on the sale, for example, when selling a second home or a property that has been let. You may need to report the gain to HMRC even if you normally complete a self assessment tax return, and the amount of CGT due will depend on factors such as the gain made, your income and any available tax reliefs or allowances.

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If you need to report a gain on the disposal of a UK residential property, we can prepare and submit the necessary return on your behalf.

Contact Beaumont Seymour today to discuss your capital gains tax position or a planned disposal.