
Capital Gains Tax
Navigating the world capital gains tax can be daunting, our guidance pages are here to help you gain a clear understanding helping you with essential information for making informed decisions.
We provide comprehensive guidance on corporation tax subjects helping you understand key HMRC rules that effect your business.
Our guides cover insights into how capital gains tax is calculated together, when to pay it, rates and reliefs. Whether you're planning on selling an asset or simply want to enhance your knowledge, our detailed articles provide the insights you need.
Most Searched Capital Gains Tax Topics
How Much Is Capital Gains Tax?
CGT rates depend on your income and asset type. Learn how much capital gains tax is, and what rates apply to property, shares, and business assets.
What Is Capital Gains Tax?
CGT is a tax on the profit when you sell something that’s increased in value. Discover what capital gains tax is, who pays it, and which assets are included.
How to Calculate Capital Gains Tax
It’s not just sale price minus purchase price. Find out how to calculate capital gains tax, including allowable costs and exemptions.
When Do You Pay Capital Gains Tax?
For property, you must report and pay within 60 days. Learn when you pay capital gains tax, and how deadlines differ by asset type.
How to Avoid Capital Gains Tax on Second Homes UK
You can’t escape CGT entirely, but smart planning helps. Discover how to avoid capital gains tax on second homes in the UK, including reliefs and timing strategies.
Do You Pay Capital Gains Tax on Inherited Property?
Inheritance itself isn’t taxable under CGT but a later sale might be. Learn whether you pay capital gains tax on inherited property, and how probate affects valuation.
Does a Company Pay Capital Gains Tax?
Companies don’t pay CGT they pay corporation tax on chargeable gains. Find out how companies are taxed on capital gains, and how this differs from individuals.
Help is Just a Message Away
At Towerstone Accountants, we’re committed to providing exceptional service and tailored advice to meet your personal and business financial needs. Whether you’re looking for help with tax planning, bookkeeping, or corporate accounting, our team is here to assist you.
ONLINE CONTACT FORM