Our Nottingham chartered tax accountants provide expert capital gains tax advice, helping you minimise liabilities through tailored strategies and tax reliefs you may not be aware of.
With an ever-changing tax landscape, it’s crucial to remain up to date on the requirements for capital gains tax, whether you’re looking to sell your property, shares or business assets. Page Kirk has a dedicated team of tax specialists on hand, to assist with your capital gains tax requirements.
Capital Gains Tax (CGT) is the tax payable on the profits individuals make on the sale of assets. Each year individuals’ have a CGT Annual Exemption up to which any gains made on the sale of assets will not be taxed. The CGT annual exemption for 2025/26 tax year is £3,000. CGT is then due at rates of 18% for basic rate taxpayers and 24% for higher and additional rate taxpayers. These rates also apply to sales of residential property.
These tax rates are substituted for gains from carried interest, which is taxed at 18% and 28%, and is increased to a flat rate of 32% irrespective of the individual’s unused basic rate band in 2025/26 before being subject to income tax from 2026/27 onwards.
Capital Gains Tax (CGT) is the tax payable on the profits individuals make on the sale of assets. Each year individuals’ have a CGT Annual Exemption up to which any gains made on the sale of assets will not be taxed. The CGT annual exemption for 2025/26 tax year is £3,000. CGT is then due at rates of 18% for basic rate taxpayers and 24% for higher and additional rate taxpayers. These rates also apply to sales of residential property.
These tax rates are substituted for gains from carried interest, which is taxed at 18% and 28%, and is increased to a flat rate of 32% irrespective of the individual’s unused basic rate band in 2025/26 before being subject to income tax from 2026/27 onwards.
Gains qualifying for business asset disposal relief (also known as BADR) are taxed at a rate of 18% for disposals made from 6 April 2026 onwards, at 14% for disposals made in the 2025/26 tax year and at 10% for disposals prior to 6 April 2025.
With an ever-changing tax landscape, it’s crucial to remain up to date on the requirements for capital gains tax, whether you’re looking to sell your property, shares or business assets. Page Kirk has a dedicated team of tax specialists on hand, to assist with your capital gains tax requirements.
Shares within a company
Land & Property, including both residential and commercial properties
Personal assets
If you sell a property in the UK that has not always been your main home, you will usually be required to pay CGT on any profit that you make. There are separate rules for reporting and paying CGT on UK residential properties. As of October 2021, property sellers must report the sale, and pay any tax due, within 60 days of completion.
If you sell a property in the UK that has not always been your main home, you will usually be required to pay CGT on any profit that you make. There are separate rules for reporting and paying CGT on UK residential properties. As of October 2021, property sellers must report the sale, and pay any tax due, within 60 days of completion.
Calculating the CGT amount payable to HMRC
Reporting the disposal to HMRC
Handling of HMRC investigations (covered under Tax Investigation Insurance)
Personal assets
You’ll have a dedicated client manager to handle your CGT obligations with ease. Our expertise often reduces tax through reliefs you may not know you’re eligible for. Plus, our personalized service integrates with other accountancy solutions, giving you an award-winning team focused on your financial success.
From ensuring that you comply with your statutory requirements, to navigating the scaling-up of your business, through to effective profit extraction and dealing with your tax affairs, Page Kirk Nottingham accountants are here for you every step of the way
Page Kirk is a leading accountancy practice in Nottingham, but we service clients across the country, so wherever you are based, we can help. We will assign you an accountant to assist you in growing your business and improving its efficiency. Contact us to find out how we can help you today.
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