Capital Gains Tax · West London
Capital gains tax returns in College Park and Old Oak
If you have made a disposal from College Park and Old Oak this year, the question is not just how much tax but what reliefs apply: private residence relief on a former home, business asset disposal relief on a company sale, the losses you forgot about from years ago. We work through all of it for clients across West London and file online, nothing submitted until you approve.
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 College Park and Old Oak
Individuals and trustees in College Park and Old Oak 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 College Park and Old Oak, step by step
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.
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.
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.
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
Why College Park and Old Oak businesses file with IGI
The price for capital gains tax is published on this page and is what a client in College Park and Old Oak pays. We confirm it in writing first, and the invoice matches the quote.
Deadline-first: the dates that matter for capital gains tax are shown at the top of this page, diarised for every College Park and Old Oak client and chased before they arrive.
Online only, UK based. There is no office in College Park and Old Oak 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 College Park and Old Oak business prepares this year's, and remembers what was agreed.
Plain English, with the numbers. Every draft for College Park and Old Oak comes with a short explanation of what the figures mean and what, if anything, you should do about them.
You stay in control of capital gains tax: drafts go to College Park and Old Oak clients first, with the figures explained, and nothing leaves us until you say so.
Local facts
About College Park and Old Oak
College Park and Old Oak is in West London, within Hammersmith and Fulham, in the NW10 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.
| Place | Distance | Direction |
|---|---|---|
| Wormwood Scrubs | 0.1 mi | W |
| East Acton | 0.6 mi | SW |
| Old Oak Common | 0.6 mi | NW |
| College Park | 0.6 mi | N |
| Wormholt and White City | 0.8 mi | S |
| St. Charles | 0.8 mi | E |
| Kensal Green | 0.8 mi | NE |
| White City | 0.9 mi | SE |
Worth knowing
Rules that come up in this work
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.
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.
Salary versus dividends
The salary-and-dividend split is the central planning decision for an owner-managed company. Salary costs employer National Insurance above £5,000 but is deductible; dividends are not deductible but attract lower personal rates and no National Insurance. The optimum changes each April with the thresholds and depends on the director's other income, so it should be set deliberately every year.
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.
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.
Corporation Tax rates and marginal relief
Companies pay Corporation Tax at 19% on profits up to £50,000 and 25% on profits over £250,000. Between those figures marginal relief applies, producing an effective rate that rises gradually and a marginal rate of 26.5% on each pound in the band. The thresholds are divided by the number of associated companies, so a director with two companies has thresholds of £25,000 and £125,000 for each.
Late filing penalties
Lateness is expensive in a way that compounds. For individuals, £100 immediately, then daily penalties, then percentage-based ones at six and twelve months, with interest running on unpaid tax throughout. For companies, Companies House penalties scale with delay and double on repeat, and HMRC adds its own for a late CT600. Filing on time is the cheapest tax planning there is.
Questions
Capital Gains Tax questions from College Park and Old Oak
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.
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.
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.
Do you have an office in College Park and Old Oak?
No. IGI Accounting is an online-only firm. We serve College Park and Old Oak 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 College Park and Old Oak as anywhere else in the country, and why there is nothing to visit and nothing to print.
Is capital gains tax in College Park and Old Oak really the same price as elsewhere?
Yes. The fee published on this page is what a client in College Park and Old Oak 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.
One message from College Park and Old Oak, one fixed price
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.