The affordable, reliable & fast way to submit your property tax return
We calculate capital gains tax for your UK property and submit return to HMRC
When you sell a property subject to CGT, you need to pay tax within 60 days from the sale of your property.
We help with the tax calculation, setting up the account with HMRC, return submission and payment instructions.
Starting from only £480
Complete our 4 minute form by answering questions about yourself and the property
Upload completion statement and backing documents
Make the payment for the service needed
We will liaise with you for calculation and setting up of HMRC account
We send you report to approve
Once approved, we will submit return to HMRC and provide with payment instructions
Why us?
- Experienced Staff
- We are part of an established accountancy practice 2E Accountants
- Ensure all allowable expenses are deducted
- Ensure reliefs are calculated where applicable e.g. (Private Residence Relief & Lettings Relief)
- Ensure the impact of estimated annual earnings is calculated properly
- Quick service, avoid late filing penalties
Frequently asked questions
What is the fee for the CGT return for joint owners?
Our fee is £480 i.e. £400+vat for single owner property. When there are joint owners, both individuals will require a separate CGT return , calculations and payment.
Our fee for jointly owned property cap gains tax return is £624 (£520+vat)
Can't I simply report the Capital Gain when I do my annual Self-assessment?
You must report and pay any Capital Gains Tax due on UK residential property within: 60 days of selling the property if the completion date was on or after 27 October 2021
What if I own the property jointly with my partner?
Each owner will have to report their own Gains
What if I made a loss or my gain was below the tax-free allowance?
If you’re a UK resident, you do not need to report your gains online if your total gains are less than the tax-free allowance
What is the Capital Gains Tax allowance?
The CGT tax-free allowance is £6,000 p.a.
https://www.gov.uk/guidance/capital-gains-tax-rates-and-allowances#tax-free-allowances-for-capital-gains-tax
I am a non-resident, do I still have to pay/report Cap Gains tax within 60 days?
You must report all sales of UK property or land, even if you have no tax to pay.
How do I open an HMRC account for CGT submission?
We have prepared a step-by-step guide to assist in the process: HMRC guide.