Confused about what you need to pay Capital Gains Tax on?

 

If your total taxable gains are higher than your allowance you will need to pay. There are two ways of calculating what you will need to pay.

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1. Provide a report and submit to Capital Gains Tax Service

 - We provide calculations for each capital gain or loss

 - We request and gather the necessary information from your records about the costs and what you received (the proceeds) for each asset

 - We provide any other relevant details such as any reliefs you may be entitled to

Once all the information is collected the report needs to be submitted on the Capital Gains Tax Service. We can do this for you or assist you

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2. Complete a Self Assessment Tax Return

 - We can complete a Self Assessment form for you and submit it to HMRC and they will then tell you how much you owe.​

For more information on Self Assessment Returns 

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