Capital Gains Tax Services for Property Sales
Expert Guidance on Property Capital Gains Tax
Selling a property can be exciting, but it may also come with a Capital Gains Tax (CGT) bill. Whether it’s a second home, a rental property, or a buy-to-let investment, understanding your tax position is crucial. At Strix Accountancy, we provide clear, reliable advice to help you minimise your liability and stay compliant with HMRC rules.
Specialist Knowledge
We understand HMRC rules, and the work needed, a level of expertise general accountants may lack
Mitigated Risk
Tax Efficiency
Proactive planning helps control liabilities, preserving more of your hard earned income.
Time Savings
We handle your tax filings so you focus on what matters, not paperwork.
When Do You Pay Capital Gains Tax?
You may need to pay CGT when you sell or dispose of a property that’s not your main home. This includes:
- Buy-to-let properties
- Second homes or holiday homes
- Inherited properties that are later sold
- Commercial property investments
Your main home usually qualifies for Private Residence Relief, but many other property sales are taxable. The rules can be complex, which is why professional guidance is essential.
Our Capital Gains Tax Services
Strix Accountancy helps you navigate the process with ease. Our services include:
- Calculating your CGT liability based on current HMRC rules
- Maximising reliefs and allowances such as:
– Private Residence Relief
– Lettings Relief
– Annual CGT Allowance - Preparing and filing 60-day CGT property returns (a legal requirement for UK property sales)
- Advising on tax-efficient strategies to reduce liability
- Handling HMRC correspondence on your behalf
Why Choose Strix Accountancy?
- Specialist Knowledge – We understand the unique rules surrounding property sales.
- Tax-Efficient Planning – We’ll ensure you make use of every relief and allowance available.
- Fast & Accurate – We’ll prepare and submit your CGT return on time, every time.
- Personal Support – Whether you’re selling one property or managing a portfolio, we’re here to help.
