Capital Gains Tax · North London
Capital gains tax returns in King's Cross
Capital Gains Tax computations and returns for people in King's Cross 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 King's Cross 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 King's Cross
Individuals and trustees in King's Cross 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 King's Cross, 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
The IGI way of working, in King's Cross
One fixed fee for capital gains tax in King's Cross, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.
Nothing for King's Cross 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.
We serve King's Cross remotely by design: records by WhatsApp or email, drafts back for approval, filing electronic. The saving on premises is passed to you in the fee for capital gains tax.
A named person handles your capital gains tax from King's Cross 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 King's Cross business owners use, not in accountant's shorthand, and we show our working so you can check it.
Nothing is filed for King's Cross 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 King's Cross
King's Cross is in North London, within Camden, in the N1C 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 |
|---|---|---|
| Kings Cross | 0.0 mi | N |
| Pentonville | 0.3 mi | E |
| Somers Town | 0.4 mi | W |
| St. Pancras and Somers Town | 0.4 mi | NW |
| Saint Pancras | 0.4 mi | W |
| Euston, Camden | 0.5 mi | SW |
| Barnsbury, Islington | 0.6 mi | NE |
| Cranbrook, Camden | 0.6 mi | NW |
Worth knowing
Rules that come up in this work
Dormant companies
Companies formed to protect a name or hold a future business are dormant but not exempt: Companies House still expects dormant accounts within nine months of the year end and a confirmation statement annually with its £50 fee, and HMRC must be told the company is dormant or it will demand Corporation Tax returns. The filings are short, but the penalties for missing them are the same as for a trading company.
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.
Employer National Insurance
Employers pay National Insurance at 15% on each employee's earnings above the £5,000 secondary threshold, following the April 2025 changes. The Employment Allowance offsets up to £10,500 of this for eligible employers, which for a small team often removes the liability entirely, but companies where the director is the only employee do not qualify.
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.
Record keeping
Good records are the difference between a quick enquiry and a long one. For the self-employed, five years after the filing deadline; for companies, six years from the year end; for VAT, six years. Photographs of receipts, PDF statements and software exports all count. The requirement is to keep records, not paper, and a well-organised cloud folder satisfies it.
Allowable expenses
An expense is allowable against trading profit if it is incurred wholly and exclusively for the business. Materials, business travel other than ordinary commuting, a proportion of home running costs, software, insurance, professional fees, bank charges and protective clothing qualify. Client entertainment, ordinary clothing, fines and the private share of mixed-use costs do not.
Crypto records and reporting
Most crypto holders have taxable events they do not recognise, because every swap is a disposal even when no pounds change hands. The computation requires the complete transaction history from every exchange and wallet, pooled by asset with HMRC's matching rules applied. Exchange-generated tax reports are frequently wrong because they cannot see transfers between a user's own wallets.
Questions
Capital Gains Tax questions from King's Cross
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.
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.
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.
How do you work out gains on shares bought at different times?
Disposals are matched first to shares bought the same day, then to shares bought in the following 30 days, then to the section 104 pool, which holds all other shares of that class at their average cost. The same rules apply to funds and to crypto. We run the matching across your full history.
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.
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 King's Cross 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 King's Cross?
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 King's Cross clients are set up within a day.
Let us take the deadlines off your plate in King's Cross
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.