Capital Gains Tax Return

Capital Gains Tax Return Accountants in Ilchester

Straightforward Capital Gains Tax Return support in Ilchester with clear fixed fees, no hidden extras and a friendly accountant by your side.
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1 fee
Agreed upfront
100%
Filed on time

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What did you sell?

Pick Your Asset to See What Applies

Every asset tells a different Capital Gains Tax story, whether you are selling a second home, shares, a business or a buy-to-let property. Select the asset that fits your situation and we will walk you through the reliefs, allowances and reporting rules that apply. Our Ilchester accountants make the process simple from the first click.

Selling a second home or buy-to-let

Gains on residential property that is not your main home are taxed at 18% or 24%. If the sale completed, you usually have 60 days to report it and pay the tax, so speed matters.

Key facts

Selling shares, funds or investments

Shares and funds held outside an ISA or pension can trigger a gain when sold. We apply the same-day, 30-day and Section 104 pooling rules so your cost base is right.

Key facts

Selling, swapping or spending crypto

Every disposal of crypto, including swaps between coins and spending, can create a gain. We rebuild your transaction history across exchanges and wallets into a record HMRC accepts.

Key facts

Selling a business or company shares

Selling your business or your shares in a company can be your biggest tax event. We check whether Business Asset Disposal Relief applies and plan the figures before you file.

Key facts
How it works

From Sale to Filed, Without the Stress

We handle the full journey, from gathering your sale and purchase figures to submitting your Capital Gains Tax Return accurately and on time. You get a clear checklist, regular updates and a named accountant who knows your case. That means no last-minute panic and no chasing paperwork you did not know you needed.
1

Tell us what you sold

Complete the short quote form or book a call. Share the asset, the sale date and roughly what you paid.

2

We calculate your gain

An accountant works out the gain, applies costs, allowances and reliefs, and tells you exactly what you owe.

3

We file and confirm

We submit your return or 60-day report to HMRC, send you the confirmation and explain how to pay.

What you'll need to hand

Missing something? Don’t worry. We’ll help you track it down.

Worked example

See How a Gain Becomes a Tax Bill

A capital gain is not the same as the tax you pay, and understanding the difference can save you a nasty surprise. We break down your proceeds, allowable costs, reliefs and annual allowance so you can see exactly how the final figure is reached. Our Ilchester team explains each step in plain English before anything is filed.
Sale price
£320,000
Purchase price and allowable costs
− £240,000
Chargeable gain
£80,000
Annual exempt amount
− £3,000
Taxable gain at 24%
£77,000
Capital Gains Tax due
£18,480
Reliefs & allowances

Legitimate Ways to Reduce Your Bill

There are sensible, fully legitimate reliefs and allowances that can bring your Capital Gains Tax Return down, from annual exemptions to business asset relief and principal residence relief. We review your circumstances carefully and claim everything you are entitled to. Our Ilchester accountants never cut corners, but we do make sure you do not pay a penny more than you should.
01

Annual exempt amount

The first slice of your gains each tax year is tax-free. We make sure it is used.

02

Private Residence Relief

If the property was ever your main home, part or all of the gain may be exempt.

03

Business Asset Disposal Relief

Selling all or part of a qualifying business can attract a lower rate of tax.

04

Spouse transfers

Assets passed between spouses or civil partners usually create no gain or loss, which opens planning options.

05

Loss relief

Losses on other disposals can be set against gains now or carried forward for later years.

06

Allowable costs

Legal fees, stamp duty, agent fees and improvement costs all reduce your taxable gain.

Client feedback

Trusted by Investors and Landlords Across the UK

See what clients say about our affordable, reliable and HMRC-compliant Capital Gains Tax return service.

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Sofia
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I had a really positive experience with Muhammad. He was incredibly quick to action everything and made the whole process straightforward and stress-free. He took care of everything promptly and kept me informed throughout, which was greatly appreciated. Muhammad was professional, responsive and genuinely helpful from start to finish. It was clear that he cared about providing a great service and making sure everything was handled properly. I would definitely recommend him to anyone looking for someone reliable, efficient and professional.
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Zest For Life
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I worked with Accotx on a HMRC reclaim and overall, they did ultimately deliver on their promise, which I appreciate. The process did take longer than any of us expected, partly due to external delays with the tax authorities, and partly because there were some hiccups in communication and follow-up. However, despite those challenges, they stayed professional and stuck to the original agreed terms. If you’re considering using them, be prepared to stay in regular contact to keep things moving along. They are absolutely capable, have the expertise and willing to work with you, and overall improving their services over time. I would certainly return for any future needs.
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Pete Wrist
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Sterling work. Many thanks to Muhammad and the team for all their help and expertise
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Hansen Personal Training
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We have been a client for years - very quick responsive and personalised service
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Jamie Fletcher
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It was a pleasure working with Anum on our accounts. The whole process was swift and effortless, and it was one less thing to worry about. I'd highly recommend them.
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Mansur Liman
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Accotax have been our accountants for many years now. We maintained them, because of their professionalism. In the last coiple of years, i have working with Imran, who has been very professional and helpful in guiding us through the whole process explaining and clarifying every aspect of it. Very prompt in responding to questions and patient with us even when we seem to be slow. I really enjoy working with him. Thank you
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Muna Mohamoud
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I highly recommend Imran to anyone looking for a reliable and knowledgeable accountant. He helped me sort out a very complicated backlog of accounts and prepared my overdue tax returns with professionalism and attention to detail. Throughout the process, he was incredibly patient, took the time to answer all of my questions, and explained everything clearly. He guided me through each step and helped rectify issues that had built up over time, making what felt like an overwhelming situation much more manageable. I'm very pleased with the service I've received and truly appreciate his support. If you need help with your accounts or taxes, I would highly recommend Imran.
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Sergey M
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I had a positive experience with Accotax. The work was completed promptly, my tax return was successfully filed, and I received a refund of overpaid tax. I found the cooperation efficient and helpful. Special thanks to Muhammad Saifullah for his assistance.
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Ebba Qureshi
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Fabulous team at ACCOTAX - very efficient and good response time . Honest and professional with their work. I would highly recommend them even if you’re a young start up - or a large business they have it covered .
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Mael Leboucher
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We worked with a few different accountants before finally settling with Accotax, and we’re really glad we did. Their team is great. Abdul is responsive and easy to reach whenever I have a question, which makes a big difference. They take the time to understand how our business works and what our needs are. They are very knowledgeable, and when they don’t have the answer straight away, they take the time to look into it and get back to us quickly. Anum, who looks after our account on a day-to-day basis, including reconciling invoices and preparing the annual accounts, is amazing. She is professional, efficient, and follows the processes we have put in place together. She's also very quickin getting back to us whenever needed. We’re very happy to work with her and hope to continue doing so for as long as possible. Overall, Accotax has made our accounting experience much smoother and easier. We see them as a long-term partner as our business continues to grow. I would 100% recommend them.
Why choose us

Doing It Yourself vs. Letting Us Handle It

Filing a Capital Gains Tax Return yourself is possible, but the rules around part-disposals, shared ownership and reporting deadlines can quickly become confusing. Handing it to our Ilchester accountants means fewer errors, less stress and a clear record of how your figures were calculated. You stay in control while we do the heavy lifting.

On your own

With Cheap Tax Returns

Common mistakes

What Catches People Out

Late reporting on property disposals, missed allowable costs and confusion over the annual allowance are among the most common traps we see. Many people also forget that a Capital Gains Tax Return may be needed even when no tax is ultimately due. Our Ilchester team spots these issues early so you can avoid penalties and unnecessary worry.

Missing the 60-day deadline

The clock starts at completion, not when you receive the money. Late reports can lead to penalties and interest.

Ignoring crypto-to-crypto swaps

Swapping one coin for another counts as a disposal, even if you never moved money into a bank account.

Forgetting allowable costs

Fees, stamp duty and improvement costs are often left out, which inflates your gain and your tax bill.

Not reporting losses

Losses must be reported to HMRC to be used later. Unreported losses can’t be carried forward.

Common questions

Capital Gains Tax Return FAQs

Answers to the questions people ask us most about Capital Gains Tax and reporting disposals to HMRC.

Our service covers a full review of your disposal, calculation of the gain, identification of available reliefs and allowances, and preparation and submission of your Capital Gains Tax Return. We also provide a clear summary of how your figure was reached and keep you updated throughout. If you need help with related matters such as property records or payment planning, we can advise on those too.

It suits anyone who has sold or disposed of an asset and needs to report a gain, including second homeowners, shareholders, landlords, business owners and people dealing with inherited assets. Whether your affairs are straightforward or more complex, our Ilchester accountants tailor the service to your situation. We also help those who are unsure whether a return is required at all.

We work on a fixed, transparent fee basis so you know what you are paying before we start, with no hidden extras or surprise invoices. The fee reflects the complexity of your disposal and the work involved, and we confirm it clearly in advance. If your circumstances change, we discuss any adjustment with you before proceeding.

Yes, our team works to professional accounting standards and stays up to date with HMRC rules and reporting requirements. We handle your Capital Gains Tax Return with proper care, maintain clear records and are happy to explain our qualifications and approach. You can rely on us to act responsibly and in line with current UK tax law.

Getting started is simple: get in touch with our Ilchester team and tell us briefly what you have sold or disposed of. We will explain what information we need, confirm your fixed fee and set out the next steps. From there, we guide you through the process and keep you informed until your return is filed.

Yes, we regularly help clients who are worried about late reporting or who have received correspondence from HMRC. We review your position, work out the best way forward and deal with HMRC on your behalf where appropriate. Our aim is to resolve things calmly and minimise any further stress.

We cover the full range of capital assets, including residential property, land, shares, funds, business assets and personal possessions. Different rules and reliefs apply to each, and our Ilchester accountants make sure the right ones are considered for your Capital Gains Tax Return. If you are unsure how your asset is treated, we can clarify that for you.

Ready to Report Your Capital Gains?

If you have sold an asset and need a Capital Gains Tax Return prepared properly, our Ilchester accountants are ready to help. We offer clear fixed fees, plain-English advice and a stress-free process from start to finish. Get in touch today and let us take the weight off your shoulders.