Capital Gains Tax Return

Capital Gains Tax Return Accountants in Prescot

Straightforward Capital Gains Tax Return support in Prescot with clear fixed fees and no hidden surprises.
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1 fee
Agreed upfront
100%
Filed on time

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What did you sell?

Pick your asset and see what applies

Whether you have sold a second home, shares, a business or a buy-to-let property, the rules for a Capital Gains Tax Return can differ. Select the asset you have disposed of and our Prescot accountants will explain exactly what applies to your situation, what reliefs may be available and what records you need to gather. It is a simple way to understand your position before you file.

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 take the paperwork off your hands and guide you from the moment of sale through to a submitted Capital Gains Tax Return. Our Prescot team checks your figures, applies the relevant reliefs and deals with HMRC on your behalf, so you can get on with life while we handle the deadlines. You will always know what stage your return is at and what, if anything, we still need from you.
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 owe, and understanding the difference can save you a nasty surprise. We break down your disposal proceeds, allowable costs and available reliefs, then show you how the taxable gain feeds into your overall tax position. Our Prescot accountants explain each step in plain English so you can see exactly how your Capital Gains Tax Return figure has been reached.
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 plenty of reliefs and allowances that can lawfully reduce a Capital Gains Tax Return bill, but they are easy to miss if you are filing alone. Our Prescot accountants review your circumstances and identify the reliefs you are entitled to claim, from private residence relief to business asset disposal relief where relevant. We never cut corners, but we do make sure you do not pay a penny more than the rules require.
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 profile picture
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 are detailed and HMRC penalties for mistakes can be costly. Handing it to our Prescot accountants means your figures are checked, your reliefs are claimed correctly and your return is submitted on time, every time. You get peace of mind and a clear fixed fee, rather than hours of form-filling and second-guessing.

On your own

With Cheap Tax Returns

Common mistakes

What catches people out

Many people underestimate a Capital Gains Tax Return because they forget to include allowable costs, miss a relief or report a disposal on the wrong basis. Others are caught out by the tighter reporting deadline for residential property disposals, which is much shorter than the usual self assessment window. Our Prescot accountants spot these traps early and keep your return accurate and on time.

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 and any reliefs, preparation and submission of the Capital Gains Tax Return, and correspondence with HMRC on your behalf. We also provide a clear summary of how your tax bill has been worked out, so you understand every figure before it is filed.

It is for anyone in Prescot who has disposed of an asset that may attract capital gains tax, including second homes, buy-to-let properties, shares, business assets and other valuable possessions. Whether you are an individual, a landlord or a business owner, our accountants can assess your position and handle the reporting for you.

We work on fixed, transparent packages agreed with you before any work begins, so there are no hidden fees or surprise invoices. The fee depends on the complexity of your disposal and the number of assets involved, and we will always confirm the cost in writing so you can proceed with confidence.

Yes, our team is professionally qualified and works to the standards required by the relevant UK accounting bodies. We stay up to date with HMRC guidance and capital gains tax legislation, so your Capital Gains Tax Return is prepared accurately and in line with current rules and deadlines.

Getting started is simple: contact our Prescot office and we will arrange an initial conversation about your disposal and what you need. From there we will confirm a fixed fee, request the relevant documents and begin preparing your Capital Gains Tax Return, keeping you updated at every stage.

Yes, we can help you regularise your position if a return is late or you have received a letter from HMRC. Our accountants will review what has happened, prepare the outstanding Capital Gains Tax Return and communicate with HMRC on your behalf to resolve the matter as smoothly as possible.

No, you do not need to live in Prescot to work with us, as we support clients both locally and further afield. However, our Prescot-based team is well placed to meet local clients face to face when that is helpful, while also offering remote support for convenience.

Timelines vary depending on how quickly we receive your documents and how complex the disposal is, but straightforward returns are often turned around promptly once all information is provided. We will give you a realistic timescale at the outset and keep you informed of progress so you can plan with confidence.

Ready to report your capital gains?

If you have sold or disposed of an asset and need a Capital Gains Tax Return, our Prescot accountants are here to take the weight off your shoulders. Get in touch today for a clear conversation about your situation, a fixed fee with no hidden extras and a return prepared by qualified professionals. We will guide you from first question to final submission.