- 0191 466 1029
- info@findlaytodd.co.uk
- The Clervaux Exchange, Clervaux Terrace, Jarrow, NE32 5UP
Capital Gains Tax service in Jarrow
A Capital Gains Tax service can apply when you sell or dispose of property, shares, investments or other assets that have increased in value. Findlay Todd provides clear, practical support to help you understand your potential liability and make sure any relevant gains are reported correctly.
We can review the details of your disposal, consider the figures involved and help you navigate the reporting requirements with confidence, giving you straightforward advice without unnecessary jargon.
Selling or disposing of assets such as property, shares, or investments can trigger Capital Gains Tax (CGT), and understanding your liability isn’t always straightforward. We help you work out what’s taxable, what’s exempt, and what reliefs you can claim, then file everything correctly and on time. Furthermore, our specialists make sure your record-keeping is tidy so future disposals are painless. With different exemptions, allowances, and reliefs available, it’s important to plan carefully to avoid paying more tax than necessary.
At Findlay Todd Accountants, we provide practical advice and hands-on support to help you manage your capital gains efficiently and compliantly.
Whether you’re selling a second home, disposing of investments, or transferring business assets, Findlay Todd is here to make the process clear and straightforward, while ensuring you meet all your obligations with confidence.
At the outset, we hold a short discovery call to confirm the asset, dates and costs (purchase price, legal and agent fees, and any improvements). We then calculate the chargeable gain, apply all relevant exemptions and reliefs, and confirm the tax due. Where a UK residential property is involved, we prepare and file the HMRC 60-day UK Property CGT return and arrange payment guidance, before aligning the figures with your year-end Self Assessment if required. Finally, we help you organise compliant records for next time.
We don’t just work with numbers, we work with people. That’s why our clients trust us year after year. We build lasting relationships through consistent, high-quality support.
Yes. For UK residential property with CGT to pay, you must report and pay within 60 days of completion, or HMRC may charge interest and penalties. We prepare and file this return for you.
Purchase and sale contracts, completion statements, improvement invoices, agent/solicitor fees, and any prior-year capital losses. We’ll send a short checklist.
We make sure reliefs and allowances are used correctly (for example, using losses and considering spouse transfers before disposal where appropriate). We’ll also advise on timing.
Yes, we help you keep accurate records and stay compliant as HMRC scrutiny increases.
You don't need to use a specific piece of software to keep your records straight. Although we can set you up on Xero, this software and extra cost may not be necessary for you.
Yes. The Capital Gains Tax annual exempt amount is £3,000 for individuals (£1,500 for most trusts) for 2024/25, and it remains £3,000 for 2025/26. This is down from £6,000 in 2023/24 and £12,300 in 2022/23, so more disposals now fall into charge. If you’re close to the limit, planning can reduce what you owe.
Your accounting needs rarely sit in isolation. Alongside this service, Findlay Todd can support you with a wider range of accountancy services to help keep your finances organised, compliant and easier to manage.
Whether you also need help with bookkeeping, payroll, VAT, tax returns, or year-end accounts, our team can provide joined-up support tailored to your circumstances.
If a disposal involves business assets, we can ensure the relevant figures are accurately reflected in your year-end accounts and wider financial reporting.
We can make sure any relevant capital gains are correctly reported alongside your wider income and tax position, helping you meet your HMRC obligations.
Clear, accurate financial records make it easier to establish costs, transactions and other information that may be needed when calculating a capital gain.
