Accounting

Capital Gains Tax · West London

Capital gains tax returns in Feltham West

Capital Gains Tax for Feltham West 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 Feltham West

Individuals and trustees in Feltham West 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 Feltham West, 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 Feltham West

One fixed fee for capital gains tax in Feltham West, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.

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

No appointments, no travel across West London, no parking. Everything for capital gains tax in Feltham West happens online, with a real person on the other end during UK working hours.

A named person handles your capital gains tax from Feltham West and knows the file, so you are not re-explaining your business to a different helpdesk each time.

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

You stay in control of capital gains tax: drafts go to Feltham West clients first, with the figures explained, and nothing leaves us until you say so.

Local facts

About Feltham West

Feltham West is in West London, within Hounslow, in the TW13 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
Lower Feltham0.1 miS
Felthamhill0.8 miS
Feltham, Hounslow0.8 miNE
Chattern Hill0.9 miW
Bedfont1.0 miN
New Bedfont1 miN
Ashford Common1 miS
Hanworth Park1 miE

Worth knowing

Rules that come up in this work

Closing a company

Voluntary strike-off is available only to solvent companies. One that owes money it cannot pay needs a creditors' voluntary liquidation through a licensed insolvency practitioner, and directors who dissolve an insolvent company face personal consequences. For a solvent company the process takes three to four months from filing the DS01, with notice to creditors and shareholders within seven days.

Switching accountants

You can switch accountant at any point in the year. The new firm requests clearance and your records from the old one, which cannot withhold your own documents though it may hold its own working papers until its fees are settled. Agent authorisations with HMRC and Companies House are transferred, and the next deadline is picked up without a gap.

The trading and property allowances

The first £1,000 of trading income and, separately, the first £1,000 of property income each year is tax free under the trading and property allowances. Below those figures no return is needed for that income. Above them you can deduct the £1,000 allowance instead of actual expenses if that is better, which suits side businesses and single-room lets with few costs.

Dormant companies

Dormancy is a status that is easy to lose. The strict rule is no accounting transactions other than share capital and Companies House fees, which means no bank account activity at all in practice. Fees should be paid personally by the director. A company that traded and has stopped becomes dormant only after its final trading accounts and tax return are filed and HMRC is told.

Workplace pensions and auto-enrolment

Auto-enrolment duties begin the day you take on your first employee, not when the Pensions Regulator writes to you. Eligible staff must be enrolled, contributions paid every pay period and re-enrolment carried out every three years. Director-only companies without employment contracts are usually exempt. Fines for non-compliance are fixed and escalating.

Employer National Insurance

The cost of an employee is more than the salary. Employer National Insurance at 15% above £5,000 a year, the 3% minimum pension contribution, holiday pay, equipment and management time all come on top. The Employment Allowance of £10,500 reduces the National Insurance for most employers with more than one person on the payroll.

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.

Questions

Capital Gains Tax questions from Feltham West

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 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.

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.

Can I use losses from previous years?

Yes, if they were claimed on a return within four years of the tax year in which they arose. Current-year losses are set against current-year gains first, even if that wastes the annual exemption; brought-forward losses are only used to the extent needed to bring gains down to the exemption. We check for unclaimed historical losses as standard.

Is capital gains tax in Feltham West really the same price as elsewhere?

Yes. The fee published on this page is what a client in Feltham West 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 Feltham West?

No. IGI Accounting is an online-only firm. We serve Feltham West 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 Feltham West as anywhere else in the country, and why there is nothing to visit and nothing to print.

Fixed fees, filed on time, for Feltham West

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