Capital Gains Tax Return Accountants in Whitley Bay
- Gain calculated and every relief claimed
- 60-day UK property reports handled for you
- Property, shares, crypto and business assets
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Pick Your Asset to See What Applies
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.
- Purchase costs, legal fees and improvements counted
- Private Residence Relief checked where it applies
- 60-day return prepared and submitted
- Rates: 18% or 24%
- Deadline: 60 days from completion
- You send: sale and purchase documents
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.
- Broker statements turned into a clean calculation
- Losses set against gains and carried forward
- Included in your self assessment return
- Rates: 18% or 24%
- Deadline: 31 January after the tax year
- You send: contract notes or broker report
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.
- CSV exports from exchanges reconciled
- Coin-to-coin swaps correctly treated
- Clear summary kept for future enquiries
- Rates: 18% or 24%
- Deadline: 31 January after the tax year
- You send: exchange and wallet exports
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.
- Business Asset Disposal Relief eligibility reviewed
- Share valuations and sale agreements checked
- Tax payment amount confirmed before the deadline
- Reduced rate possible with relief
- Deadline: 31 January after the tax year
- You send: sale agreement and share records
From Sale to Filed, Without the Stress
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.
We calculate your gain
An accountant works out the gain, applies costs, allowances and reliefs, and tells you exactly what you owe.
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
- Sale date and sale price
- Original purchase price and date
- Legal, agent and improvement costs
- Broker or exchange reports
- Your UTR number, if you have one
Missing something? Don’t worry. We’ll help you track it down.
See How a Gain Becomes a Tax Bill
Legitimate Ways to Reduce Your Bill
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.
Trusted by Investors and Landlords Across the UK
See what clients say about our affordable, reliable and HMRC-compliant Capital Gains Tax return service.
Doing It Yourself vs. Letting Us Handle It
On your own
- Hours decoding HMRC guidance and share matching rules
- Easy to miss reliefs and overpay
- Risk of missing the 60-day deadline
- No one to call if HMRC asks questions
With Cheap Tax Returns
- A qualified accountant does the calculations
- Every relief and allowance checked
- Deadlines tracked and filed on time
- One fixed fee agreed before we start
What Catches People Out
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.
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 details, calculation of your gain or loss, identification of applicable reliefs and allowances, preparation and submission of your Capital Gains Tax Return to HMRC, and clear advice on your tax liability. We also keep you updated throughout the process and handle any follow-up queries from HMRC on your behalf.
Anyone who has disposed of an asset such as property, shares, or a business and needs to report a gain to HMRC can benefit from professional help. This includes landlords, second homeowners, investors, and business owners in Whitley Bay who want to ensure their return is accurate and compliant. We tailor our support to your specific situation, whether it is a one-off disposal or part of ongoing tax planning.
We offer fixed, transparent packages for our Capital Gains Tax Return work, so you know exactly what you will pay before we begin. There are no hidden fees or surprise charges, and we will always confirm the scope of work and cost with you upfront. If your circumstances change, we will discuss any adjustments openly before proceeding.
Yes, our team consists of qualified accountants who are fully compliant with HMRC and relevant professional body regulations. We stay up to date with the latest Capital Gains Tax legislation to ensure your return is prepared to the highest standard. You can have complete confidence that your affairs are in safe, professional hands.
Getting started is simple: just get in touch with our Whitley Bay office by phone or email, and we will arrange an initial conversation to understand your disposal and your needs. From there, we will outline the next steps, confirm our fixed fee, and begin gathering the information required to prepare your return. We aim to make the whole process as smooth and straightforward as possible.
Yes, we can still assist if you have missed the deadline for reporting a residential property disposal. We will review your situation, prepare the necessary return, and liaise with HMRC to regularise your position as quickly as possible. Our goal is to minimise any penalties and get your tax affairs back on track with the least possible stress.
Absolutely. Our Whitley Bay accountants will review your circumstances and identify all legitimate reliefs and allowances you may be entitled to, such as private residence relief, business asset disposal relief, or the annual exempt amount. We will explain these clearly and apply them correctly to your return, helping you keep your tax bill as low as the law allows.
We will need details of the asset disposed of, including the date of acquisition and disposal, sale proceeds, original purchase price, and any allowable costs such as improvement or selling fees. Depending on the asset, we may also ask for information about reliefs, losses, and your overall tax position. We will guide you through exactly what is required and help you gather the necessary paperwork.