Capital Gains Tax · East London
Capital gains tax returns in Whitechapel
If you have made a disposal from Whitechapel 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 East 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 Whitechapel
Individuals and trustees in Whitechapel 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 Whitechapel, 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
What you get in Whitechapel
The price for capital gains tax is published on this page and is what a client in Whitechapel 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 Whitechapel client and chased before they arrive.
Online only, UK based. There is no office in Whitechapel 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 Whitechapel business prepares this year's, and remembers what was agreed.
Plain English, with the numbers. Every draft for Whitechapel comes with a short explanation of what the figures mean and what, if anything, you should do about them.
You stay in control of capital gains tax: drafts go to Whitechapel clients first, with the figures explained, and nothing leaves us until you say so.
Local facts
About Whitechapel
Whitechapel is in East London, within Tower Hamlets, in the E1 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 |
|---|---|---|
| Brick Lane | 0.3 mi | W |
| Spitalfields and Banglatown | 0.3 mi | NW |
| Spitalfields | 0.4 mi | W |
| Portsoken | 0.5 mi | SW |
| Aldgate, City of London | 0.5 mi | SW |
| Bethnal Green South | 0.6 mi | NE |
| Shadwell, Tower Hamlets | 0.6 mi | SE |
| Weavers | 0.6 mi | N |
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.
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.
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.
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
Small side incomes are covered by two £1,000 allowances, one for trading and one for property, which remove the need to register or report income below that level. Once income exceeds £1,000, the allowance can be used in place of expenses, a choice worth making deliberately: a freelancer with £900 of costs is better off with the allowance, one with £3,000 is not.
Crypto records and reporting
HMRC treats cryptoassets as property. Swapping one token for another, spending crypto or gifting it are all disposals for Capital Gains Tax, and staking and lending rewards are income. Gains are computed under pooling rules with same-day and 30-day matching. From 2026 HMRC receives data from exchanges worldwide under the Cryptoasset Reporting Framework, so unreported activity is increasingly visible.
Questions
Capital Gains Tax questions from Whitechapel
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.
I sold my former home that I later let out. Is it all taxable?
No. Private residence relief exempts the gain for the period you lived there plus the final nine months of ownership, and certain periods of absence can qualify. The let period is taxable. Lettings relief now applies only where you shared occupation with the tenant. We apportion the gain by days and claim every qualifying period.
What costs can I deduct from the gain?
The purchase price, stamp duty and legal fees on purchase, capital improvements that are still reflected in the asset at sale (extensions, new kitchens, not repairs), and selling costs including agent and legal fees. For shares, dealing costs and stamp duty. For inherited assets, the probate value is the cost.
Do you have an office in Whitechapel?
No. IGI Accounting is an online-only firm. We serve Whitechapel 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 Whitechapel as anywhere else in the country, and why there is nothing to visit and nothing to print.
Is capital gains tax in Whitechapel really the same price as elsewhere?
Yes. The fee published on this page is what a client in Whitechapel 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 Whitechapel, one fixed price
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.