Accounting

Capital Gains Tax · North London

Capital gains tax returns in Beaufort Park

Capital Gains Tax for Beaufort Park residents from accountants who deal with it every week rather than once a year. Property, listed shares, employee share schemes, crypto, antiques, land and business sales each have their own rules on cost, timing and relief. One fixed fee per report, agreed in writing, with the figures explained in plain English.

from £149 · fixed, per report

Next deadlines

  • UK residential property disposals: CGT return and payment within 60 days of completion
  • UK residential property disposals: CGT return and payment within 60 days of completion
  • Online Self Assessment filing deadline and balancing payment due
  • UK residential property disposals: CGT return and payment within 60 days of completion

Who this is for

Capital Gains Tax for Beaufort Park

Individuals and trustees in Beaufort Park disposing of assets: landlords selling a rental or a former home, investors selling shares or funds outside an ISA, employees exercising options or selling scheme shares, business owners selling a company or its assets, people gifting assets to family, and executors dealing with disposals during an estate administration.

What is included

Everything inside the fixed fee

  • Gain computed for each disposal with acquisition cost, enhancement expenditure and incidental costs allowed in full
  • 60-day UK residential property return filed through HMRC's online service with the tax paid on account
  • Private residence relief, lettings relief and periods of absence calculated for homes that were once let or vacant
  • Share and fund disposals matched under the same-day, 30-day and section 104 pooling rules
  • Business asset disposal relief, investors' relief, gift relief and rollover relief claimed where available
  • Losses identified and claimed, annual exempt amount and rate bands applied, Self Assessment pages completed

How it works

Capital Gains Tax from Beaufort Park, step by step

  1. Scope the job

    We find out what you need filed, when it is due and what state the records are in, and tell you which fixed-fee package applies.

  2. Agree the price

    The fee is confirmed in writing. There is no hourly billing and nothing added for questions during the work.

  3. Hand over the records

    Photographs, PDFs, software access or a spreadsheet, sent however suits you. We confirm what we have and what is missing within two working days.

  4. Approve, then we submit

    You review the draft with our explanation, sign off, and we file. Receipts, copies and the next deadlines come back to you immediately.

Why IGI

What you get in Beaufort Park

The price for capital gains tax is published on this page and is what a client in Beaufort Park pays. We confirm it in writing first, and the invoice matches the quote.

Nothing for Beaufort Park is left to the last week. Each deadline relevant to capital gains tax is tracked from the day you join, with the next four shown on every page we send you.

Online only, UK based. There is no office in Beaufort Park to pay for, which is why the fee is the same here as anywhere in England; the work is done by people in the UK who answer the same day.

You get one contact for capital gains tax, not a queue. Beaufort Park clients message the same person throughout and get an answer in working hours, usually within a few hours.

Plain English, with the numbers. Every draft for Beaufort Park comes with a short explanation of what the figures mean and what, if anything, you should do about them.

Approval before filing is a rule, not a courtesy. For capital gains tax in Beaufort Park, every submission to HMRC or Companies House follows your written go-ahead.

Local facts

About Beaufort Park

Beaufort Park is in North London, within Barnet, in the NW9 postcode district, England. For businesses in England the tax rules are those set by the UK Parliament: the 20/40/45% income tax bands, Class 4 National Insurance for the self-employed at 6% and 2%, Corporation Tax at 19% to 25%, and Stamp Duty Land Tax on property. Business rates are set locally by the council.

Nearby places we also serve for capital gains tax
PlaceDistanceDirection
Colindale0.4 miW
Grahame Park0.5 miNW
The Hyde, Barnet0.8 miS
Hendon, Barnet0.9 miSE
Hendon Central1 miSE
Burnt Oak, Barnet1 miNW
West Hendon1 miS
Mill Hill, Barnet1 miN

Worth knowing

Rules that come up in this work

CIS deductions

CIS turns construction subcontractors into advance taxpayers: a fifth of every labour payment goes to HMRC before they see it. Registering keeps the rate at 20% rather than 30%; gross payment status, for established businesses with a clean record, removes deductions altogether. The annual return is where the overpayment comes back, and filing it early brings the refund sooner.

Confirmation statements and identity verification

The confirmation statement is the annual check that the public register is right: officers, registered office, SIC codes, shareholders and the PSC register. It carries a £50 fee and no financial penalty for lateness, but failure to file leads to compulsory strike-off. The identity verification regime introduced in November 2025 has added a further check to every statement.

Director's loan accounts

A director's loan account records money moving between a director and the company that is not salary or dividend. If the director owes the company money nine months and one day after the year end, the company pays section 455 tax at 35.75% of the balance, refundable only when the loan is repaid. Loans over £10,000 are also a benefit in kind unless interest is charged at HMRC's official rate.

Salary versus dividends

Directors of their own companies usually take a salary at or just above the National Insurance thresholds, which keeps the year qualifying for State Pension and is deductible for Corporation Tax, with further income as dividends. Dividends above the £500 allowance are taxed at 10.75%, 35.75% and 39.35% by band and can only be paid from distributable profits after tax, with a minute and voucher each time.

Corporation Tax rates and marginal relief

Corporation Tax is not a flat rate. Profits to £50,000 pay 19%, profits above £250,000 pay 25%, and the band between is taxed at an effective marginal rate of 26.5% through the marginal relief mechanism. Associated companies share the thresholds, which catches directors who own more than one company and is the most common cause of underpaid tax in owner-managed groups.

The VAT registration threshold

VAT registration is compulsory once taxable turnover in any rolling twelve-month period exceeds £90,000, or when you expect to exceed that in the next thirty days alone. The test is rolling, not by tax year, and includes zero-rated sales. Businesses regularly cross it without noticing, and late registration means accounting for VAT on sales where it was never charged to customers.

Making Tax Digital for Income Tax

Making Tax Digital for Income Tax began in April 2026 for sole traders and landlords with qualifying income over £50,000, extends to those over £30,000 in April 2027 and is planned for £20,000 in April 2028. It requires digital records in compatible software and four quarterly updates to HMRC each year, with a final declaration replacing the traditional return. Payment dates are unchanged.

Questions

Capital Gains Tax questions from Beaufort Park

I am an executor. Do I report gains for the estate?

Yes. During the administration period the estate is a separate taxpayer with its own annual exemption and pays CGT at 24% on gains above probate value. Residential property sales by the estate are subject to the 60-day rule. We prepare the estate computations and the trust and estate return pages.

I am not UK resident but sold a UK property. Do I need to report?

Yes. Non-residents must report all UK land and property disposals within 60 days, whether or not tax is due, and residential property gains are generally rebased to April 2015 values. The rules differ from those for residents and the penalties for not reporting are the same. We handle non-resident returns regularly.

What if I sell shares from an employee share scheme?

It depends on the scheme. Shares from a SAYE or SIP scheme have specific cost rules and sometimes income tax has already been paid on part of the value. Options exercised and sold on the same day may have no gain at all. We need the scheme documents and the exercise and sale figures, and we apply the correct treatment for each.

Do transfers between spouses trigger tax?

No. Transfers between spouses or civil partners living together are at no gain and no loss; the recipient takes over the original cost. This allows both annual exemptions and both basic rate bands to be used on a later sale, which is a common and legitimate way to reduce the tax on a jointly planned disposal.

What is the 60-day property return?

When a UK resident sells UK residential property and tax is due, they must file a return through HMRC's Capital Gains Tax on UK property service and pay the tax within 60 days of completion. This is separate from and in addition to the annual Self Assessment. Late filing penalties mirror Self Assessment: £100 immediately, then daily and tax-geared penalties.

What are the Capital Gains Tax rates for 2026/27?

The annual exempt amount is £3,000. Gains above it are taxed at 18% to the extent they fall within your unused basic rate band and 24% above it, for all asset types including residential property. Gains qualifying for business asset disposal relief are taxed at 14% in 2025/26, rising to 18% from April 2026, on up to £1 million of lifetime gains.

Is capital gains tax in Beaufort Park really the same price as elsewhere?

Yes. The fee published on this page is what a client in Beaufort Park pays and what a client in any other part of England pays. It is confirmed in writing before work starts and the invoice matches the quote. Where a higher package applies because your situation is more complex, we say so at the quote stage, never afterwards.

Do you have an office in Beaufort Park?

No. IGI Accounting is an online-only firm. We serve Beaufort Park and every other UK postcode remotely, with records sent by WhatsApp or email and everything filed electronically. The absence of local premises is why the fee for capital gains tax is the same in Beaufort Park as anywhere else in the country, and why there is nothing to visit and nothing to print.

Get a fixed quote for Beaufort Park today

Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.

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