Advisory services

Capital Gains Tax Planning & Reporting

K&R Accountants provides Capital Gains Tax planning and reporting services for individuals and businesses across Stoke-on-Trent and Staffordshire. Whether you are selling a buy-to-let property, disposing of shares, or transferring business assets, we calculate your liability accurately and identify reliefs that reduce your tax bill. We handle the 60-day UK property return requirement, ensuring compliance with tight HMRC deadlines. Our planning work helps you time disposals to maximise annual exemptions, utilise losses from previous years, and structure transactions to qualify for Business Asset Disposal Relief or other concessions. You receive clear projections before completing any sale, so there are no surprises when the tax falls due.

Where we help

Early forecasts so you know the tax impact before you sell.
Optimal use of annual exemptions, reliefs, and loss offsets.
Filed CGT returns with supporting schedules ready for HMRC review.

How it works

Map the transaction
We gather timelines, purchase details, and improvement costs to frame the relief options.
Model the gain
We prepare scenarios, apply reliefs, and highlight planning opportunities before completion.
File & follow up
We submit 60-day returns or Self Assessment disclosures and respond to HMRC queries.

Next steps

Provide transaction details and we will map reliefs before contracts exchange.

Plan your CGT position Ask a question

Frequently asked questions

What is the Capital Gains Tax annual exemption?

The CGT annual exemption for 2024/25 is £3,000 for individuals. This is the amount of gains you can make each year before paying CGT. Married couples and civil partners each have their own exemption.

What are the CGT rates for property sales?

Residential property gains are taxed at 18% for basic rate taxpayers and 24% for higher rate taxpayers (from October 2024). The 60-day property return deadline applies to UK residential property sales where CGT is due.

What is Business Asset Disposal Relief?

Business Asset Disposal Relief (formerly Entrepreneurs Relief) reduces CGT to 10% on qualifying business disposals, up to a lifetime limit of £1 million. You must meet ownership and trading conditions for at least two years before the sale.