Capital Gains Tax Advice – Reduce Liabilities, Keep More
Capital gains tax (CGT) can take a significant portion of your profits if not managed correctly. Whether you’re selling property, company shares, or business assets, a structured tax strategy ensures that you retain more of your hard-earned gains while staying compliant with HMRC regulations. We provide capital gains tax planning and advisory services for property investors, business owners, high-net-worth individuals, and companies looking to optimize their tax positions.
Capital Gains Tax Advice – Services in Detail
Managing capital gains tax (CGT) effectively requires an in-depth understanding of tax laws, reliefs, and strategic planning techniques. We offer specialised capital gains tax advisory services designed for property investors, business owners, high-net-worth individuals, and corporations. Our approach ensures that you minimise tax liabilities while staying fully compliant with HMRC regulations.
1. Capital Gains Tax Planning & Strategy Development
Every financial decision involving asset sales or disposals should align with a tax-efficient strategy. We analyse your asset portfolio, expected gains, and available reliefs to create a customised tax plan.
- Tax Position Analysis: We assess your current and future tax exposure based on planned asset disposals.
- Timing Strategies: We advise on the best timing to sell assets to maximise tax allowances and reliefs.
- Multi-Year Tax Planning: If multiple disposals are planned, we distribute them across tax years to minimise liability.
- HMRC Compliance: We ensure that your transactions and tax filings adhere to the latest regulations, reducing audit risks.
2. Capital Gains Tax on Property Sales
Selling residential or commercial property without proper tax planning can lead to unnecessary CGT liabilities. We provide advisory services to help property investors and landlords structure transactions efficiently.
- Principal Private Residence Relief (PPR): We assess eligibility for PPR and partial exemptions for properties that were previously primary residences.
- Lettings Relief: If you have rented out a property you once lived in, we help apply for the appropriate relief.
- Multiple Dwellings Relief (MDR): We structure sales of multiple properties to reduce tax exposure.
- Deferred Payment Structuring: We advise on spreading capital gains over multiple years to remain within lower tax brackets.
- Gift and Transfer Planning: Transferring property to a spouse before a sale can reduce CGT by utilising their lower tax band.
3. Capital Gains Tax for Business Owners
Business owners and entrepreneurs face CGT when selling shares, business assets, or entire companies. We provide tailored advice to maximise available reliefs and minimise tax burdens.
- Business Asset Disposal Relief (BADR): Formerly Entrepreneurs’ Relief, this allows qualifying business sales to be taxed at 10% instead of 20%.
- Management Buyout (MBO) Structuring: If you’re selling your business to existing management, we advise on deferred payments and tax-efficient exit strategies.
- Share-for-Share Exchanges: Rolling over CGT liabilities by exchanging shares in one company for another.
- Deferred Consideration Planning: Structuring a sale to spread CGT liability over multiple years.
4. Capital Gains Tax on Investments & Shares
Investment gains from stocks, bonds, cryptocurrency, and other assets are subject to CGT. We provide advisory services to structure portfolios in a tax-efficient manner.
- Bed and ISA Strategy: Selling shares and repurchasing them within an ISA to shield future gains from CGT.
- Tax-Loss Harvesting: Offsetting capital gains with losses from other investments to reduce taxable amounts.
- EIS & SEIS Investments: Investing in Enterprise Investment Schemes (EIS) or Seed Enterprise Investment Schemes (SEIS) to defer or eliminate CGT.
- Cryptocurrency CGT Advice: Ensuring that crypto gains are reported correctly to HMRC and structured tax-efficiently.
5. Inheritance & Gifting Strategies to Reduce CGT
Transferring assets to family members, trusts, or businesses can trigger CGT. We develop gifting strategies that align with inheritance tax (IHT) planning to minimise overall tax exposure.
- Inter-Spouse Transfers: Moving assets between spouses before disposal to utilise lower tax brackets.
- Holdover Relief for Business Assets: Deferring CGT when gifting assets into a trust or transferring ownership within a business.
- Gift with Reservation of Benefit: Structuring gifts to avoid unnecessary tax while retaining some control over the asset.
6. Capital Gains Tax Reporting & HMRC Compliance
Failing to report CGT correctly can lead to penalties. We assist in preparing and filing all necessary documents to remain compliant with HMRC.
- Self Assessment Tax Return Filing: Accurate reporting of capital gains, losses, and reliefs.
- 30-Day CGT Reporting for Property Sales: Ensuring compliance with HMRC’s rules for residential property disposals.
- HMRC Enquiry Support: Representation and response to HMRC queries regarding CGT calculations.
7. International Capital Gains Tax Advice
For UK residents with overseas assets and non-residents selling UK property, CGT rules can be complex. We provide international tax advisory services to ensure compliance and reduce cross-border tax liabilities.
- Non-Resident CGT (NRCGT) Compliance: Ensuring that non-residents selling UK property file the correct tax returns.
- Double Taxation Relief: Claiming relief for CGT paid in other jurisdictions under tax treaties.
- Foreign Asset Sales Tax Structuring: Advising on the best ways to repatriate funds while minimising UK tax exposure.
Plan Your Capital Gains Tax Strategy Now
Without proper planning, capital gains tax can significantly erode profits from property sales, business exits, and investment disposals. A structured approach ensures tax efficiency while staying compliant with HMRC regulations. Whether you’re a business owner, investor, or property developer, strategic tax planning can make all the difference in retaining more of your earnings.
Frequently Asked Questions (FAQs)
Using Private Residence Relief, Lettings Relief, and timing disposals across tax years can reduce CGT liability.
Yes, Business Asset Disposal Relief allows a 10% CGT rate on qualifying business sales up to £1 million.
Yes, HMRC considers crypto disposals taxable under CGT rules. Gains must be reported on a Self Assessment tax return
Transfers between spouses or civil partners are CGT-free. Gifting assets to children or others may trigger CGT, but strategies like trusts can mitigate tax burdens.
Yes, Roll-Over Relief allows CGT deferral when reinvesting in business assets. Enterprise Investment Scheme (EIS) investments also offer CGT deferral options.
