Personal accountant
Menu
Xero Certified Bookkeepers and Advisors
Get the most out of your asset sales with our capital gains tax planning. We provide precise calculations and strategies to minimise tax.
Need to speak to someone? Get in touch below.
ACCA Certified
HMRC Authorised Agent
Capital Gains Tax (CGT) is a tax on the profit you make when selling or disposing of an asset that has increased in value since you acquired it. Importantly, the tax is applied only to the gain, which is the difference between the purchase price and the selling price, not the total amount you receive from the sale. However, there are certain thresholds and exemptions. For instance, individuals have an annual tax-free allowance of £12,300 for capital gains. If your profits from asset sales fall below this threshold, you do not need to pay CGT. While selling your main home is generally exempt from CGT, you will be liable for the tax when selling buy-to-let properties, business premises, land, or inherited properties.
In addition to understanding when CGT applies, it is essential to recognize the deadlines and penalties for reporting capital gains on property sales. When you sell a UK residential property, you must report the sale and pay any applicable CGT within 30 days using the Capital Gains Tax on UK property account. Missing this 30-day deadline could result in interest charges and penalties, which can significantly increase the amount you owe. Moreover, if the property sold is a business asset, you might be eligible for tax relief, such as Business Asset Disposal Relief, which can reduce the CGT liability. Proper guidance from a tax professional can help ensure you’re taking advantage of these opportunities and avoiding penalties.
At ZATRS, we specialize in providing expert advice on all aspects of Capital Gains Tax, from calculating your liability to ensuring timely reporting and compliance with HMRC requirements. Our team can help you navigate complex CGT rules, especially for buy-to-let properties, business premises, and other assets that may trigger tax obligations. Whether you are selling an investment property or handling an inheritance, our professionals are here to guide you through the process, ensuring that you maximize available tax reliefs and avoid costly mistakes. Reach out to us for personalized advice and support tailored to your specific circumstances.
At ZATRS ACCOUNTING, our services include tax return filing, one-time tax advice consultations, and a dedicated pay-as-you-go tax accountant. Here’s how they differ and what’s included with each.
Services
Tax Return
(One Off Payment)
Small Business
(Monthly Package)
Medium/Large Business
(Monthly Package)
Services
Tax Return
(One Off Payment)
Small Business
(Monthly Package)
Medium to Large Business
(Monthly Package)
Personal accountant
Personal tax return support
Corporation tax return support
Support to save on your tax bill
Full payroll preparation
Quarterly VAT review & accurate VAT submission
Director self-assessment return
Dividend and expense advice
Free accounting software
Support in individual project contractor payment
Monthly P&L report
Support on yearly budget process
Free advice of tax planning for your business
Capital Gains Tax (CGT) can be a significant burden when selling assets, such as property, stocks, or business shares. Understanding the rules and optimising your tax strategy is essential to minimise your liabilities. At ZATRS Accounting, we provide expert Capital Gains Tax services designed to help you navigate the complexities of CGT, ensuring that you keep more of your profits in your pocket. Let us handle the details, so you can focus on making the right financial decisions.
Our Capital Gains Tax service covers every aspect of CGT, from calculating potential liabilities and identifying exemptions to advising on strategic timing and planning. We assess your financial situation to provide personalised advice on how to structure the sale of assets in the most tax-efficient manner. Whether you’re selling an investment property, shares, or other valuable assets, our goal is to minimise your CGT exposure and maximise your net gains.
We guide you through the complexities of allowable losses, rollover relief, and other CGT exemptions, making sure you take full advantage of every available tax-saving opportunity. Our detailed, proactive approach ensures that your capital gains are handled accurately and in compliance with HMRC regulations.
Choosing ZATRS Accounting means partnering with a team of highly qualified professionals, including CPAA, ACCA, and Xero Certified Advisors, who bring extensive experience in handling Capital Gains Tax across various asset types. We understand that every financial situation is unique, which is why we tailor our services to meet your specific needs and objectives.
Our client-centric approach is built on clear communication and personalised advice, making complex tax matters easy to understand and manage. We keep up with the latest CGT rules and regulations, so you don’t have to, providing proactive advice that helps you plan ahead. Whether you need guidance on a one-time sale or ongoing advice for multiple transactions, we’re here to support you every step of the way.
Initial Consultation & Assessment: We start with a free consultation to understand your assets and potential capital gains. Our team will assess your financial position and identify any potential CGT liabilities that need to be addressed.
Strategic Planning & Advice: Based on our assessment, we provide tailored advice on how to structure the sale of your assets for optimal tax efficiency. This includes identifying applicable exemptions, reliefs, and strategies to defer or reduce your CGT liabilities.
Calculation & Compliance: We handle all calculations related to your capital gains, ensuring that every detail is accounted for accurately. Our thorough approach minimises the risk of errors and helps you avoid unexpected tax bills or penalties.
Ongoing Support & Monitoring: Tax planning doesn’t end with a single transaction. We offer ongoing support to help you plan future sales and manage your portfolio with CGT in mind. Our proactive approach ensures that you’re always prepared, no matter what changes arise in your financial landscape.
One of our clients, a retired individual looking to downsize and sell an investment property, faced a significant CGT liability. By working with ZATRS Accounting, they received strategic advice on timing the sale and utilising available exemptions, which resulted in substantial tax savings. Our personalised service not only reduced their immediate tax burden but also provided a clear path forward for managing future asset sales. The client appreciated our straightforward approach and the peace of mind that came from knowing their financial interests were fully protected.
Don’t let Capital Gains Tax eat into your profits. Book a free consultation with ZATRS Accounting today and discover how our expert guidance can help you minimise your CGT liabilities. Our team is ready to provide the personalised support and strategic advice you need to make the most of your asset sales. Click the button below to schedule your consultation and take control of your capital gains.
Capital Gains Tax applies to various assets, including property (other than your main home), shares, and business assets. We provide tailored advice for each asset type to help you minimise your liabilities.
Yes, we can review your situation and provide advice on any available reliefs or amendments to help reduce your tax burden after the sale.
We use our expertise and up-to-date knowledge of HMRC regulations to ensure all CGT calculations are accurate and compliant, giving you peace of mind.