Accounting

Capital Gains Tax · South West London

Capital gains tax returns in Tooting Graveney

Capital Gains Tax computations and returns for people in Tooting Graveney 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 Tooting Graveney 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 Tooting Graveney

Individuals and trustees in Tooting Graveney 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 Tooting Graveney, step by step

  1. 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.

  2. 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.

  3. 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.

  4. 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

Why Tooting Graveney businesses file with IGI

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

Nothing for Tooting Graveney 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 Tooting Graveney 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 Tooting Graveney 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 Tooting Graveney business owners use, not in accountant's shorthand, and we show our working so you can check it.

Nothing is filed for Tooting Graveney 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 Tooting Graveney

Tooting Graveney is in South West London, within Wandsworth, in the SW17 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.

Nearby places we also serve for capital gains tax
PlaceDistanceDirection
Furzedown0.1 miN
Streatham Park0.4 miE
Graveney, Wandsworth0.4 miNW
Tooting0.7 miNW
Tooting Broadway0.7 miNW
Streatham Vale0.8 miSE
Tooting Bec0.9 miN
Figge's Marsh1 miS

Worth knowing

Rules that come up in this work

Confirmation statements and identity verification

Every company must file a confirmation statement at least once a year, within fourteen days of its review date, with a £50 Companies House fee. Since November 2025 directors and people with significant control must also verify their identity with Companies House, and the confirmation statement is where existing officers confirm they have done so during the transition year.

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.

The VAT registration threshold

The £90,000 VAT threshold is measured over any twelve consecutive months, which is why a strong quarter can tip a business over unexpectedly. Registration must follow within thirty days of the end of the month the threshold was crossed. Below the threshold, voluntary registration is worth considering when customers are VAT-registered businesses and costs carry VAT.

Corporation Tax rates and marginal relief

Corporation Tax is not a flat rate. Profits to £50,000 pay 19%, profits above £250,000 pay 25%, and the band between is taxed at an effective marginal rate of 26.5% through the marginal relief mechanism. Associated companies share the thresholds, which catches directors who own more than one company and is the most common cause of underpaid tax in owner-managed groups.

Salary versus dividends

The salary-and-dividend split is the central planning decision for an owner-managed company. Salary costs employer National Insurance above £5,000 but is deductible; dividends are not deductible but attract lower personal rates and no National Insurance. The optimum changes each April with the thresholds and depends on the director's other income, so it should be set deliberately every year.

Director's loan accounts

Money taken from a company has to be something: salary, dividend, expense reimbursement or loan. If it is a loan and remains outstanding nine months after the year end, the company pays tax at the dividend higher rate on it until it is repaid. Clearing the balance with a properly declared dividend before the deadline, where reserves allow, is routine year-end work.

The Self Assessment calendar

The tax year runs from 6 April to 5 April. Anyone new to Self Assessment must register by 5 October after the end of the tax year in which their untaxed income began. The online return and the balancing payment are due by 31 January, with a second payment on account on 31 July where they apply. Paper returns have an earlier deadline of 31 October and are rarely sensible.

Questions

Capital Gains Tax questions from Tooting Graveney

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 Tooting Graveney 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 Tooting Graveney?

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 Tooting Graveney clients are set up within a day.

One message from Tooting Graveney, one fixed price

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