Capital Gains Tax (CGT) Advice – West London

Capital Gains Tax (CGT) Advice – West London

Most new clients are initially unaware of the substantial Capital Gains Tax (CGT) savings we achieve. 

That’s because we provide tailored CGT tax advice on property, shares, and other investments for your specific needs. We optimise your CGT across a wide range of options, alternatives, and play-offs.

CGT Resources

  • We employ an in-house Chartered Tax Advisor (CTA), qualified by the Chartered Institute of Taxation. (CTA is the UK’s highest tax qualification.)
  • Many of our tax staff have previously worked for HMRC, so we know how to work with them effectively on your behalf. 
  • Our overheads are typically significantly less than a central London firm and we’re always available online.
  • We’re a mid-sized firm (70 staff) with the resources you need – and are small enough to care.

CGT Savings

We’ve been able to help clients substantially reduce their CGT using:

  • Relief for primary residences
  • Roll-over reliefs
  • Re-investment reliefs
  • Exemptions from CGT
  • Negligible value claims
  • Entrepreneurs’ relief and other business exits
  • Indexation allowance for companies (now limited to assets acquired prior to 2018).
  • Many others

We recommend you seek our advice prior to the sale of a valuable asset.

Case Study 1) Mr and Mrs W

The problem

Mr and Mrs W wanted to give assets to their children. The family home, part of which one child lived in, had a very complex history.

The property had been redeveloped and expanded and contained additional development land. Mr and Mrs W wanted to understand their capital gains position to adjust their gift using other assets.

How we helped

We reviewed the property’s history of ownership, beneficial interest, and its different uses and developments.

The result

Mr and Mrs W received a complex capital gains calculation setting out the various parameters and key factors to optimise future estate planning while meeting their family needs.

Case Study 2) The T Family

The problem

The T Family called us as they were about to exchange on the purchase of their new home. However, their solicitor advised that they had to pay an additional £5,000 because the property had a granny annexe.

How we helped

We reviewed the proposed purchase and the property and concluded the Stamp Duty Land Tax (SDLT) calculation was incorrect, and it should be reduced by £68,000.

The result

HMRC approved the SDLT return, saving £73,000.

Next Step

Contact us to relieve your CGT headache – and reduce your taxes. You’ll be pleased you did.