Accounting

Capital Gains Tax · South East London

Capital gains tax returns in Biggin Hill

Capital Gains Tax computations and returns for people in Biggin Hill selling property, shares, funds or a business. A share disposal report is £149; the 60-day UK property return is £199; multiple disposals in a year are £249. Fixed fees, published, and the same in Biggin Hill as everywhere in England.

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 Biggin Hill

Individuals and trustees in Biggin Hill 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 Biggin Hill, step by step

  1. Tell us your situation

    A short message or call about what you do and what needs filing. We ask the questions that determine the right package and nothing more.

  2. Fixed fee in writing

    You receive one price for the work, confirmed by email before anything starts. It does not change if the job takes longer than we expected.

  3. Send records, review the draft

    Records come by WhatsApp or email. We prepare the draft, explain the figures in plain English and answer your questions.

  4. We file, you get the receipts

    Once you approve and the fee is settled, we submit electronically and forward the HMRC or Companies House acknowledgement the same day.

Why IGI

What you get in Biggin Hill

No hourly rate and no surprise invoice. Biggin Hill clients know the fee for capital gains tax before they send a single document, and it stays fixed.

We work to the HMRC and Companies House calendar, not an appointment diary. Clients in Biggin Hill get reminders at 60, 30 and 7 days before each date that applies to capital gains tax.

Online only, UK based. There is no office in Biggin Hill 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.

Continuity matters in capital gains tax: the person who prepared last year's work for your Biggin Hill business prepares this year's, and remembers what was agreed.

We explain capital gains tax in the words Biggin Hill business owners use, not in accountant's shorthand, and we show our working so you can check it.

Nothing is filed for Biggin Hill until you have reviewed and approved it. You see the draft, you ask questions, you sign off, then we submit and send you the receipt.

Local facts

About Biggin Hill

Biggin Hill is in South East London, within Bromley, in the BR2 postcode district, England. Income tax in England follows the UK rates: 20% basic to £50,270, 40% higher to £125,140 and 45% additional, with the personal allowance of £12,570 tapered away above £100,000. National Insurance, VAT and Corporation Tax are UK-wide, and Stamp Duty Land Tax applies to property purchases.

Nearby places we also serve for capital gains tax
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Aperfield1 miS
Leaves Green1 miN
Downe1 miE
Farthing Street1 miNE
Darwin1 miE
Luxted1 miSE
Single Street1 miSE
Fickleshole2 miW

Worth knowing

Rules that come up in this work

Confirmation statements and identity verification

Companies House has tightened its requirements under the Economic Crime and Corporate Transparency Act: every company needs a registered email address and an appropriate registered office, every statement includes a lawful-purpose declaration, and every director and PSC must verify their identity. The confirmation statement, due annually with a £50 fee, is where most of this is confirmed.

CIS deductions

Under the Construction Industry Scheme, contractors deduct 20% from a registered subcontractor's labour invoices, or 30% if unregistered, and pay it to HMRC. The subcontractor reclaims the deductions against their actual tax through Self Assessment, usually producing a refund because deductions are on turnover while tax is on profit. Contractors file a monthly return by the 19th.

The Self Assessment calendar

Self Assessment runs on a fixed annual cycle. Registration by 5 October following the tax year, online filing and payment by 31 January, and a second instalment on 31 July for those making payments on account. The penalties for lateness are automatic and escalate monthly, which is why we file early and chase approvals well before the window closes.

Payments on account

If your Self Assessment bill exceeds £1,000 and less than 80% of your tax was collected at source, HMRC asks for two advance payments towards the following year, each half of the current bill, due 31 January and 31 July. The first year this happens the January payment is effectively one and a half times the bill. We model it in advance and show you how to reduce the payments if income is falling.

Late filing penalties

Penalties are the clearest reason to work to deadlines. A Self Assessment return one day late costs £100 regardless of whether any tax is due; three months late adds £10 a day. Late company accounts start at £150 and reach £1,500, and double if the previous year was also late. None of this is negotiable afterwards except through a narrow reasonable-excuse appeal.

Making Tax Digital for Income Tax

The biggest change to Self Assessment in a generation is Making Tax Digital for Income Tax, now live for higher-earning sole traders and landlords and arriving for the rest in stages. Quarterly updates are due by 7 August, 7 November, 7 February and 7 May, built from digital records. The practical consequence is that spreadsheet-and-shoebox bookkeeping is ending for anyone above the threshold.

The VAT registration threshold

The £90,000 VAT threshold is measured over any twelve consecutive months, which is why a strong quarter can tip a business over unexpectedly. Registration must follow within thirty days of the end of the month the threshold was crossed. Below the threshold, voluntary registration is worth considering when customers are VAT-registered businesses and costs carry VAT.

Questions

Capital Gains Tax questions from Biggin Hill

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 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.

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.

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.

I sold my former home that I later let out. Is it all taxable?

No. Private residence relief exempts the gain for the period you lived there plus the final nine months of ownership, and certain periods of absence can qualify. The let period is taxable. Lettings relief now applies only where you shared occupation with the tenant. We apportion the gain by days and claim every qualifying period.

What costs can I deduct from the gain?

The purchase price, stamp duty and legal fees on purchase, capital improvements that are still reflected in the asset at sale (extensions, new kitchens, not repairs), and selling costs including agent and legal fees. For shares, dealing costs and stamp duty. For inherited assets, the probate value is the cost.

Which deadlines matter most for capital gains tax?

The next four dates that apply to capital gains tax are shown at the top of this page, calculated from today. For Biggin Hill clients we diarise every one of them from the day you join and send reminders before each, so the work is done in good time rather than in the last week before a penalty.

How do I get started from Biggin Hill?

Message us on WhatsApp or email with a sentence about your business and what you need. We reply in working hours with any questions and a fixed fee for capital gains tax. Once you confirm, we tell you exactly which records to send and the work begins. Most Biggin Hill clients are set up within a day.

Ready to fix your fee in Biggin Hill?

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

WhatsApp for a fixed quote