Capital Gains Tax Services
Table of Contents
CGT
CGT is a tax charged on crystalized capital gains. It is a complex tax area and requires an experienced qualified accountant/tax advisor to ensure that all reliefs and exemptions have been considered. We, at Naail & Co, provide end to end CGT advice, computation & submission service
When does capital gain arise?
Capital gain arise when you "dispose off" any asset which has gained some value over time. Disposing off includes selling, exchanging, giving away as gift, receiving compensation (Insurance payout) etc.
How to report CGT
Certain Capital Gains are reported in personal self assessment tax returns. However, gains crystalized on properties need to be reported within 30 days.
CGT Reliefs & Exemptions
CGT advice as well as computation is all about ensuring that all relevant reliefs and exemptions has been considered. They include Entrepreneur's relief, Roll over relief, Incorporation relief, Gift relief, Private residence relief, Reliefs for investments in venture capital, Chattels relief etc.
Our fee
Like all other services, we usually mutually agree our CGT fee in advance for our advice and tax computations.
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 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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