Capital Gains Tax · East London
Capital gains tax returns in Parsloes
Selling a rental property in Parsloes starts a 60-day clock to report the gain and pay the tax, separately from your annual return. We calculate the gain with every allowable cost and relief, file the return through HMRC's service and tell you exactly what to pay. Shares, funds and business assets are handled the same way, for a fixed fee.
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 Parsloes
Individuals and trustees in Parsloes 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 Parsloes, step by step
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.
Agree the price
The fee is confirmed in writing. There is no hourly billing and nothing added for questions during the work.
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.
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 Parsloes
No hourly rate and no surprise invoice. Parsloes 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 Parsloes client and chased before they arrive.
Online only, UK based. There is no office in Parsloes 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.
You get one contact for capital gains tax, not a queue. Parsloes clients message the same person throughout and get an answer in working hours, usually within a few hours.
We explain capital gains tax in the words Parsloes 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 Parsloes clients first, with the figures explained, and nothing leaves us until you say so.
Local facts
About Parsloes
Parsloes is in East London, within Barking and Dagenham, in the RM9 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.
| Place | Distance | Direction |
|---|---|---|
| Becontree | 0.4 mi | S |
| Mayesbrook | 0.8 mi | W |
| Alibon | 0.8 mi | E |
| Valence | 0.9 mi | N |
| Dagenham | 0.9 mi | E |
| Castle Green, Barking and Dagenham | 1.0 mi | SW |
| Becontree Heath | 1 mi | NE |
| Heath, Barking and Dagenham | 1 mi | NE |
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
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.
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.
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.
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.
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.
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.
Questions
Capital Gains Tax questions from Parsloes
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 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.
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.
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.
How do I get started from Parsloes?
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 Parsloes clients are set up within a day.
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 Parsloes 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.
Start the conversation from Parsloes
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.