Capital Gains Tax · North London
Capital gains tax returns in Palmers Green
If you have made a disposal from Palmers Green 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 North 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 Palmers Green
Individuals and trustees in Palmers Green 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 Palmers Green, 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 Palmers Green
The price for capital gains tax is published on this page and is what a client in Palmers Green 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 Palmers Green client and chased before they arrive.
Online only, UK based. There is no office in Palmers Green 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 Palmers Green business prepares this year's, and remembers what was agreed.
The output for Palmers Green clients is never just a form. It is the form, a one-page summary of what it says, and a note of the decisions it points to for capital gains tax.
Approval before filing is a rule, not a courtesy. For capital gains tax in Palmers Green, every submission to HMRC or Companies House follows your written go-ahead.
Local facts
About Palmers Green
Palmers Green is in North London, within Enfield, in the N13 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 |
|---|---|---|
| Bowes, Enfield | 0.4 mi | S |
| Southgate Green | 0.7 mi | W |
| Bowes Park | 0.9 mi | SW |
| Bounds Green | 1.0 mi | SW |
| Arnos Grove | 1 mi | W |
| Winchmore Hill, Enfield | 1 mi | N |
| Southgate, Enfield | 1 mi | NW |
| Wood Green, Haringey | 1 mi | S |
Worth knowing
Rules that come up in this work
Switching accountants
The main reasons people switch accountant are surprise invoices, missed deadlines and not understanding what they are being told. Switching involves a clearance letter between the firms, a transfer of records and agent authorisations, and a short handover of the current position. It takes about two weeks and should cost nothing extra.
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.
Crypto records and reporting
Crypto tax splits into capital gains on disposals and income on rewards, with different rates and different reporting. The £3,000 annual exempt amount and the 18% and 24% rates apply to gains; staking, mining and airdrop income is taxed at marginal income tax rates. HMRC's nudge letters to holders have increased sharply, and a voluntary disclosure before one arrives is treated far more leniently.
The 60-day property CGT return
Selling UK residential property that was not your main home for the whole period of ownership triggers a separate Capital Gains Tax return, due within 60 days of completion along with payment of the tax. This is in addition to the annual Self Assessment. The gain is taxed at 18% or 24% depending on your income band, after the £3,000 annual exempt amount.
Record keeping
Record keeping is a legal obligation with a penalty of up to £3,000 for failure, but its real value is in making every other filing cheaper and more defensible. Keep invoices, receipts, bank statements, mileage logs and any HMRC correspondence, digitally if you like, for five years after the relevant filing deadline for individuals and six years for companies and VAT.
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.
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.
Questions
Capital Gains Tax questions from Palmers Green
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 is business asset disposal relief?
Formerly entrepreneurs' relief: a reduced rate on gains from selling all or part of a trading business, or shares in a trading company where you held at least 5% and were an officer or employee for two years. The lifetime limit is £1 million. The rate rose to 14% in April 2025 and to 18% from April 2026. Our £299 service prepares and supports the claim.
I gave a property to my child. Is there tax?
Yes. Gifts to anyone other than your spouse or civil partner are disposals at market value, and the gain is taxable even though no money changed hands. The 60-day return applies to residential property. Gift relief can defer gains on business assets, but not on investment property. We value, compute and report the gift.
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.
Do you have an office in Palmers Green?
No. IGI Accounting is an online-only firm. We serve Palmers Green 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 Palmers Green as anywhere else in the country, and why there is nothing to visit and nothing to print.
Is capital gains tax in Palmers Green really the same price as elsewhere?
Yes. The fee published on this page is what a client in Palmers Green 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 Palmers Green, one fixed price
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.