04/11/2025
Simplifying Property Taxes, One Solution at a Time! ๐ก
From Self Assessment and Stamp Duty Land Tax to BTL and CGT, weโve got you covered.
We provide complete, hassle-free solutions tailored to your property business.
๐ Ready to get started? Book your FREE 15-minute consultation
Letโs simplify your tax journey together!
For more:
๐ง Email: [email protected]
๐ Call: 0800 060 8232
๐ Visit: www.accountancy-solutions.co.uk
๐ฌ Whatsapp: 07980 489993
If you like the look of the property, it's one of our clients https://www.glancader.co.uk/
28/10/2025
๐ ๐ฆ๐ฒ๐น๐น๐ถ๐ป๐ด ๐ฌ๐ผ๐๐ฟ ๐๐๐-๐๐ผ-๐๐ฒ๐? ๐๐ผ๐ป'๐ ๐๐ฒ๐ ๐๐ถ๐ ๐๐ ๐๐ต๐ฒ ๐ฎ๐ฐ% ๐๐๐ง ๐ฅ๐ฎ๐๐ฒ! ๐คฏ
For higher and additional rate taxpayers, selling a residential property that isn't your main home is taxed at ๐ฎ๐ฐ% on the gain (above your ยฃ3,000 allowance).
This is a major bill if you don't plan ahead!
๐ ๐ถ๐๐๐ฎ๐ธ๐ฒ๐ ๐๐ฎ๐ป๐ฑ๐น๐ผ๐ฟ๐ฑ๐ ๐ ๐ฎ๐ธ๐ฒ:
๐๐ด๐ป๐ผ๐ฟ๐ถ๐ป๐ด ๐๐ผ๐๐๐: Forgetting to deduct allowed costs like Stamp Duty, solicitor fees, and certain improvement costs.
๐ ๐ถ๐๐๐ถ๐ป๐ด ๐ข๐๐ ๐ผ๐ป ๐ฅ๐ฒ๐น๐ถ๐ฒ๐ณ๐: Not using Principal Private Residence (PPR) relief correctly if you ever lived there.
๐ก๐ผ๐ ๐ฆ๐ฝ๐ฟ๐ฒ๐ฎ๐ฑ๐ถ๐ป๐ด ๐๐ต๐ฒ ๐๐ฎ๐ถ๐ป: Failing to transfer a share to a spouse/civil partner to utilise two ยฃ3,000 allowances.
๐ช๐ฒ ๐ต๐ฒ๐น๐ฝ ๐จ๐ ๐น๐ฎ๐ป๐ฑ๐น๐ผ๐ฟ๐ฑ๐ ๐บ๐ถ๐ป๐ถ๐บ๐ถ๐๐ฒ ๐๐ต๐ฒ๐ถ๐ฟ ๐๐ฎ๐
๐ฏ๐ถ๐น๐น.
๐ก "๐ฅ๐ฒ๐ฎ๐ฑ๐ ๐๐ผ ๐ฏ๐ฒ๐ฐ๐ผ๐บ๐ฒ ๐ฎ ๐น๐ฎ๐ป๐ฑ๐น๐ผ๐ฟ๐ฑ? ๐ช๐ฒ ๐ป๐ฒ๐ฒ๐ฑ ๐๐ผ ๐น๐ผ๐ผ๐ธ ๐ฎ๐ ๐๐ต๐ฒ ๐๐๐ฟ๐ฎ๐๐ฒ๐ด๐ถ๐ฒ๐ ๐๐ต๐ฎ๐ ๐๐ถ๐น๐น ๐ฒ๐ป๐๐๐ฟ๐ฒ ๐๐ผ๐ ๐ฏ๐๐ถ๐น๐ฑ ๐๐ผ๐๐ฟ ๐ฝ๐ผ๐ฟ๐๐ณ๐ผ๐น๐ถ๐ผ ๐ถ๐ป ๐๐ต๐ฒ ๐บ๐ผ๐๐ ๐๐ฎ๐
-๐ฒ๐ณ๐ณ๐ถ๐ฐ๐ถ๐ฒ๐ป๐ ๐๐ฎ๐ ๐ฝ๐ผ๐๐๐ถ๐ฏ๐น๐ฒ."๐ฐ๐
Drop us a DM or visit our site for a free initial consultation on your property sale/acquisition.
๐ www.accountancy-solutions.co.uk/
20/10/2025
๐๐ถ๐น๐ถ๐ป๐ด ๐๐ผ๐๐ฟ ๐๐ฎ๐ฝ๐ถ๐๐ฎ๐น ๐๐ฎ๐ถ๐ป๐ ๐ง๐ฎ๐
(๐๐๐ง) ๐ฟ๐ฒ๐๐๐ฟ๐ป ๐บ๐ฎ๐ ๐๐ฒ๐ฒ๐บ ๐๐๐ฟ๐ฎ๐ถ๐ด๐ต๐๐ณ๐ผ๐ฟ๐๐ฎ๐ฟ๐ฑ, ๐ฏ๐๐ ๐ต๐ถ๐ฑ๐ฑ๐ฒ๐ป ๐ฐ๐ผ๐บ๐ฝ๐น๐ฒ๐
๐ถ๐๐ถ๐ฒ๐โ๐๐๐ฐ๐ต ๐ฎ๐ ๐๐ต๐ฒ ๐ฒ๐ฌ-๐ฑ๐ฎ๐ ๐ฟ๐๐น๐ฒ, ๐ฟ๐ฒ๐น๐ถ๐ฒ๐ณ ๐ฐ๐ฎ๐น๐ฐ๐๐น๐ฎ๐๐ถ๐ผ๐ป๐, ๐ฎ๐ป๐ฑ ๐ป๐ผ๐ป-๐ฟ๐ฒ๐๐ถ๐ฑ๐ฒ๐ป๐ ๐๐๐ฎ๐๐๐โ๐ฐ๐ฎ๐ป ๐น๐ฒ๐ฎ๐ฑ ๐๐ผ ๐ฐ๐ผ๐๐๐น๐ ๐บ๐ถ๐๐๐ฎ๐ธ๐ฒ๐. ๐๐ฒ๐ฒ๐ฝ๐ถ๐ป๐ด ๐๐ฝ ๐๐ถ๐๐ต ๐ฒ๐๐ฒ๐ฟ-๐ฐ๐ต๐ฎ๐ป๐ด๐ถ๐ป๐ด ๐๐ฎ๐
๐น๐ฎ๐๐ ๐ถ๐ ๐ฒ๐๐๐ฒ๐ป๐๐ถ๐ฎ๐น ๐๐ผ ๐ฎ๐๐ผ๐ถ๐ฑ ๐ฝ๐ฒ๐ป๐ฎ๐น๐๐ถ๐ฒ๐.
If you're unsure, Capital Gains Tax Solutions provides expert assistance to ensure your CGT filing is accurate and compliant.
Get in touch today for a hassle-free CGT filing experience!
For more:
๐ง Email: [email protected]
๐ Call: +44 08000608232
๐ Visit: www.accountancy-solutions.co.uk
๐ฌ Whatsapp: +44 07821 463447
13/10/2025
We keep it simple and tax efficient.
Don't leave it too late, with increased compliance stay ahead of HMRC on CGT
06/10/2025
๐๐๐๐ ๐ฐ๐ข๐ฅ๐ฅ ๐๐จ๐ง๐ญ๐๐๐ญ ๐ญ๐๐ฑ๐ฉ๐๐ฒ๐๐ซ๐ฌ ๐ญ๐จ ๐ซ๐๐ฆ๐ข๐ง๐ ๐ญ๐ก๐๐ฆ ๐จ๐ ๐ญ๐ก๐ ๐จ๐๐ฅ๐ข๐ ๐๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐ก๐ ๐๐ข๐ฌ๐ฉ๐จ๐ฌ๐๐ฅ ๐จ๐ ๐ ๐๐ ๐ซ๐๐ฌ๐ข๐๐๐ง๐ญ๐ข๐๐ฅ ๐ฉ๐ซ๐จ๐ฉ๐๐ซ๐ญ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐๐ ๐๐๐ฒ๐ฌ ๐จ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ข๐จ๐ง ๐ฐ๐ก๐๐ซ๐ ๐๐๐๐ ๐ก๐จ๐ฅ๐๐ฌ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ญ๐ก๐๐ญ ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ฌ ๐ ๐ซ๐๐ญ๐ฎ๐ซ๐ง ๐ฆ๐๐ฒ ๐๐ ๐ซ๐๐ช๐ฎ๐ข๐ซ๐๐.
A UK resident individual who makes a disposal of UK land on which a residential property gain accrues must report the disposal to HMRC and pay the capital gains tax (CGT) due within 60 days of completion.
๐๐ง ๐ ๐ง๐๐ฐ ๐ข๐ง๐ข๐ญ๐ข๐๐ญ๐ข๐ฏ๐, ๐๐๐๐ ๐ฐ๐ข๐ฅ๐ฅ ๐ซ๐๐ฏ๐ข๐๐ฐ ๐ญ๐ก๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ข๐ญ ๐ก๐จ๐ฅ๐๐ฌ ๐๐ง๐ ๐ฐ๐ซ๐ข๐ญ๐ ๐ญ๐จ ๐ญ๐ก๐ ๐ข๐ง๐๐ข๐ฏ๐ข๐๐ฎ๐๐ฅ ๐ฐ๐ก๐๐ซ๐ ๐ข๐ญ ๐๐๐ฅ๐ข๐๐ฏ๐๐ฌ ๐ญ๐ก๐๐ญ ๐ ๐ซ๐๐ญ๐ฎ๐ซ๐ง ๐ฎ๐ง๐๐๐ซ ๐๐-๐๐๐ฒ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ข๐ง๐ ๐ข๐ฌ ๐ซ๐๐ช๐ฎ๐ข๐ซ๐๐. ๐๐๐๐ ๐ฐ๐ข๐ฅ๐ฅ ๐๐จ ๐ญ๐ก๐ข๐ฌ ๐๐๐๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐-๐๐๐ฒ ๐๐๐๐๐ฅ๐ข๐ง๐ ๐ก๐๐ฌ ๐๐ฅ๐๐ฉ๐ฌ๐๐.
In the letter, HMRC identifies the property it believes has been sold and provides links to guidance that explain the circumstances in which a return must be made. If the individual believes that a return under 60-day reporting is not required, they are asked to contact HMRC using the details given in the letter.
HMRC will charge interest on CGT paid late and may charge a penalty for the late submission of a return.
HMRC has advised that only a limited number of taxpayers should expect to receive a letter. However, letters will be sent out on a regular basis as new transactions are identified. Therefore, it is important that individuals and their advisers should continue to ensure they are familiar with 60-day reporting.
Individuals within self assessment also need to report the gain on the disposal of the property in their self assessment tax return.
We are here for all your Capital Gains Tax queries.
โ๏ธ 01639 887723 - 01656 458520 - 0117 2054623
03/10/2025
๐๐ผ๐ ๐ฑ๐ผ ๐๐ผ๐ ๐ฐ๐ฎ๐น๐ฐ๐๐น๐ฎ๐๐ฒ ๐ฎ ๐ฐ๐ฎ๐ฝ๐ถ๐๐ฎ๐น ๐ด๐ฎ๐ถ๐ป ๐ผ๐ฟ ๐น๐ผ๐๐? ๐ช๐ต๐ฎ๐ ๐ฐ๐ผ๐๐๐ ๐ฎ๐ฟ๐ฒ ๐ฑ๐ฒ๐ฑ๐๐ฐ๐๐ถ๐ฏ๐น๐ฒ? ๐๐ฎ๐ป ๐๐ผ๐ ๐ผ๐ณ๐ณ๐๐ฒ๐ ๐น๐ผ๐๐๐ฒ๐ ๐ฎ๐ด๐ฎ๐ถ๐ป๐๐ ๐ฐ๐ฎ๐ฝ๐ถ๐๐ฎ๐น ๐ด๐ฎ๐ถ๐ป๐?
At a glance
๐ง๐ฎ๐
๐ฎ๐ฏ๐น๐ฒ ๐ฐ๐ฎ๐ฝ๐ถ๐๐ฎ๐น ๐ด๐ฎ๐ถ๐ป๐ ๐ฎ๐ป๐ฑ ๐น๐ผ๐๐๐ฒ๐ ๐ฎ๐ฟ๐ฒ ๐ฐ๐ฎ๐น๐ฐ๐๐น๐ฎ๐๐ฒ๐ฑ ๐ฎ๐ณ๐๐ฒ๐ฟ ๐ฑ๐ฒ๐ฑ๐๐ฐ๐๐ถ๐ป๐ด:
- The costs of acquisition and enhancing the asset.
- Incidental costs of buying and selling, including Stamp Duty Land Tax (SDLT),
- Land and Buildings Transaction Tax (LBTT), Land Transaction Tax (LTT), legal fees, agent fees etc.
- Capital losses: current year and brought forward.
- Surplus trading losses.
- The Capital Gains Tax (CGT) annual exemption.
Any available tax reliefs.
โ 0800 0608232
29/09/2025
๐ฃ๐๐ฟ๐ฐ๐ต๐ฎ๐๐ถ๐ป๐ด ๐ฎ ๐ฑ๐ฒ๐ฟ๐ฒ๐น๐ถ๐ฐ๐ ๐ฝ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐๐? ๐ฌ๐ผ๐ ๐บ๐ฎ๐ ๐ฏ๐ฒ ๐ผ๐๐ฒ๐ฟ๐ฝ๐ฎ๐๐ถ๐ป๐ด ๐ฆ๐๐ฎ๐บ๐ฝ ๐๐๐๐.
If the property is genuinely uninhabitable at the time of purchase, it could qualify as non-residential โ exempting you from the 5% SDLT surcharge and applying lower rates.
โ ๏ธ HMRC applies strict criteria โ professional advice is essential.
๐ Schedule a free 15-minute discovery call with CGT Solutions to determine if your property qualifies.
For more:
๐ง Email: [email protected]
๐ Call: +0800 060 8232
๐ Visit: www.accountancy-solutions.co.uk
๐ฌ Whatsapp: +447980489993
26/09/2025
๐๐ผ๐ฟ ๐ฎ๐น๐น ๐๐ต๐ถ๐ป๐ด๐ ๐๐๐ง ๐น๐ผ๐ผ๐ธ ๐ป๐ผ ๐ณ๐๐ฟ๐๐ต๐ฒ๐ฟ, ๐ฟ๐ฒ๐๐ ๐ฎ๐๐๐๐ฟ๐ฒ๐ฑ ๐๐ผ๐๐ฟ ๐๐๐ง ๐ฟ๐ฒ๐๐๐ฟ๐ป๐ ๐ฐ๐ฎ๐ป ๐ฏ๐ฒ ๐๐๐ฏ๐บ๐ถ๐๐๐ฒ๐ฑ ๐ถ๐ป ๐๐ต๐ฒ ๐บ๐ผ๐๐ ๐๐ถ๐บ๐ฒ๐น๐ ๐ฎ๐ป๐ฑ ๐๐ฎ๐
๐ฒ๐ณ๐ณ๐ถ๐ฐ๐ถ๐ฒ๐ป๐ ๐บ๐ฎ๐ป๐ป๐ฒ๐ฟ!
Sold a property? Get in touch prior to your completion dates, and we can prepare the foundations for tax efficient CGT reporting.
โ 0800 0608232