Accounting

Capital Gains Tax · East London

Capital gains tax returns in Old Dagenham

Capital Gains Tax for Old Dagenham 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 Old Dagenham

Individuals and trustees in Old Dagenham 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 Old Dagenham, 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

The IGI way of working, in Old Dagenham

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

Deadline-first: the dates that matter for capital gains tax are shown at the top of this page, diarised for every Old Dagenham client and chased before they arrive.

We serve Old Dagenham 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.

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

Plain English, with the numbers. Every draft for Old Dagenham 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 Old Dagenham, every submission to HMRC or Companies House follows your written go-ahead.

Local facts

About Old Dagenham

Old Dagenham is in East London, within Barking and Dagenham, in the RM10 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
Village Ward0.3 miNE
Dagenham0.5 miNW
Alibon0.8 miNW
Beam Park0.8 miSE
River, Barking and Dagenham0.8 miS
Dagenham Dock0.9 miSW
Goresbrook0.9 miSW
Becontree1 miW

Worth knowing

Rules that come up in this work

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

A dormant company is one with no significant accounting transactions in the year, where the only permitted entries are the payment for shares on incorporation, Companies House fees and penalties. It still files a confirmation statement and simplified dormant accounts every year. A bank charge or an accountant's fee paid from the company ends dormancy and requires full accounts.

Workplace pensions and auto-enrolment

Workplace pension compliance is part of payroll, not separate from it. Each pay period the payroll assesses who is eligible, calculates employer and employee contributions on qualifying earnings between the lower and upper thresholds, and sends the contribution file to the scheme. The minimum total is 8%, and many employers choose to contribute more as a recruitment advantage.

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.

Allowable expenses

Expense claims are where a return is won or lost in an enquiry. The test is wholly and exclusively for the trade; where a cost is mixed, the business proportion can be claimed if it can be identified. Capital items such as equipment and vans are relieved through capital allowances rather than as expenses, except under the cash basis where they are simply deducted when paid.

Record keeping

HMRC requires records of all income and expenses, bank statements, invoices and receipts to be kept for at least five years after the 31 January filing deadline of the tax year they relate to, and companies must keep records for six years from the end of the accounting period. Digital copies are acceptable. Under Making Tax Digital the records must be kept in compatible software.

The 60-day property CGT return

The 60-day Capital Gains Tax return on residential property is the deadline landlords most often miss, because it falls outside the Self Assessment cycle and runs from completion, not exchange. Private residence relief for periods you lived in the property, plus the final nine months, reduces the gain. Penalties for a late return mirror Self Assessment, starting at £100.

Questions

Capital Gains Tax questions from Old Dagenham

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.

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.

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.

Is capital gains tax in Old Dagenham really the same price as elsewhere?

Yes. The fee published on this page is what a client in Old Dagenham 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 Old Dagenham?

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

Start the conversation from Old Dagenham

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