CGT Rates

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Capital Gains Tax (CGT) Rates

If you are looking at Capital Gains Tax or planning your finances, please feel free to contact us. We can discuss your specific circumstances to help you plan tax efficiently.

Standard Rate10%10%10%
Higher rate*20%20%20%
*For higher & additional rate taxpayers

Business Asset Disposal Relief (formerly Entrepreneurs Relief)

From 1 April 2020 the first £1m of qualifying gains are charged at 10%. Gains in excess of the limit are charged at the rates detailed above.

External Long Term Gain Relief in Unlisted Companies

The first £1 Om of qualifying gains are charged at 10%. Gains in excess of the limit are charged at the rates detailed above.

Please contact us for further information.


VAT schemeRegistration ThresholdDeregistration Threshold
Cash Accounting Scheme£1,350,000£1,600,000
Annual Accounting Scheme£1,350,000£1,600,000

Businesses with annual taxable turnover of up to £150,000 can register for a Flat Rate Scheme.

They must leave the Flat Rate Scheme once annual taxable turnover exceeds £230,000, or is expected to exceed £230,000 in the next 30 days.

Please contact us for further information.

Disclaimer : This website and its contents have been produced as a helpful reference point. The information should be used as a guide only and your specific circumstances are best discussed directly with us.

No reliance should be placed on this material and no action should be taken without seeking the appropriate professional or legal advice. Although the
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Our service to you

If you are a self employed, business owner/director of company looking to get your accountancy and taxation matters sorted, look no further. We, at Naail & Co, are pro-active and easily accessible accountants and tax advisors, who will not only ensure that all your filing obligations are up to date with Companies House and HMRC, but also you do not pay a penny more in taxes than you have to. We work on a fixed fee basis and provide same day response to all your phone and email enquiries. We will also allocate a designated accounts manager who would have better understanding of your and business financial and taxation affairs. Book a free consultation call using the link below.

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News & recent developments