Call us today: 📞 01494 312400
Call us today: 📞 01494 312400
Expert CGT support to help you reduce tax on asset sales
Selling property, shares, or other valuable assets? Our Capital Gains Tax (CGT) services are designed to help individuals and business owners stay compliant, minimize liabilities, and make smart decisions about asset disposals.
Capital Gains Tax applies when you sell (or ‘dispose of’) an asset that’s increased in value. You’re taxed on the profit, not the total sale amount, but various reliefs and exemptions can reduce your final liability.
Navigating these tax rules without expert help can result in overpayment, missed opportunities, or late submissions.
Experienced tax specialists with deep knowledge of UK CGT rules
Tailored planning to suit your specific assets, goals, and timing
Risk reduction through accurate compliance and timely submissions
Fixed fees and no surprises in your bill
Whether you’re preparing for a sale or have already disposed of an asset,
we can help you handle the CGT process with clarity and confidence.
Please reach us at Info@iiaaccountants.co.uk if you cannot find an answer to your question.
When it comes to the disposal of assets, this can include selling, transferring or gifting an asset. An asset chargeable to CGT could be your business or business assets, personal possessions worth £6,000 or more, a property that isn't your main home for all of the ownership period, cryptocurrency transactions and shares. If you are disposing of one of these we recommend you speak to an accountant who can let you know what tax rates, reliefs and exemptions may be applicable. An accountant can also offer tax planning advice to save you tax.
No, if the property was your main residence for the entire period of ownership, you are exempt from CGT. If there is mixed property use, then you may need to consider CGT implications.
There are other assets exempt fromn CGT incluidng private motor cars, prize winnings and cash.
Copyright © 2025 IIA Accountants - All Rights Reserved.