Capital Gains Tax (CGT)
Resilient planning for every disposal.
Capital Gains Tax catches more taxpayers than ever — the annual exempt amount has dropped to £3,000, residential property disposals must be reported within 60 days, and rates rose again in the Autumn 2024 Budget. Heartlands handles the full spectrum: residential and commercial property sales, share and crypto disposals, EMI option exercises, business asset disposals on retirement or exit, and gift-and-inheritance planning. We calculate your gain with every legitimate relief applied — Principal Private Residence, Letting Relief, Business Asset Disposal Relief, Investors' Relief, EIS deferral and rollover relief — file your 60-day UK property return or include the gain in self-assessment, and where time allows, plan disposals to minimise the lifetime tax bill rather than just react to it.
What this service does
Capital Gains Tax is charged on the profit you make when you dispose of an asset that has increased in value. After the Autumn 2024 Budget, rates for non-residential disposals rose to 18% (basic rate band) and 24% (higher/additional rate band), aligning with residential property rates. The annual exempt amount fell to £3,000 from April 2024, and Business Asset Disposal Relief rates begin a phased increase from 10% to 18% by April 2026. Heartlands calculates your gain, applies every available relief, files the appropriate return — 60 days for UK residential property, otherwise via self-assessment — and where time permits, structures the disposal to minimise tax legally.
- Meet the strict 60-day UK residential property reporting deadline
- Claim every applicable relief: PRR, Letting Relief, BADR, Investors' Relief
- Use losses, transfers between spouses and annual exemptions efficiently
- Plan ahead of major disposals (sales, exits, gifts) to minimise lifetime CGT
- Avoids automatic late-filing penalties on UK property disposals (60-day deadline)
- Surfaces reliefs that DIY taxpayers and general accountants routinely miss
- Coordinates CGT, income tax and inheritance tax in a single strategy
- Provides clean records and computations that satisfy HMRC enquiries
Service capabilities
The measurable upside
Removes the burden of HMRC's 60-day property reporting and complex pooling calculations from your shoulders.
Reliefs we routinely uncover (PRR adjustments, BADR, EIS deferral, spousal transfers) frequently save five-figure sums per disposal.
Full record-keeping and computation files retained for the HMRC enquiry window plus best-practice buffer.
On-time 60-day returns avoid penalties starting at £100 and escalating to £10/day; clean self-assessment disclosures every year.
Forward-planning conversations integrate CGT with income tax, dividend and inheritance tax strategy in one view.
Sectors we work with
What sets Heartlands apart
Chartered partners with 15+ years across UK SMEs, owner-managed businesses and scaling startups.
ICAEW, ACCA and CTA qualified specialists handling every engagement end-to-end.
From onboarding and software setup to filing, reporting and HMRC representation — one accountable team.
Birmingham-based with a direct line to your partner. No call centres, no offshoring, no surprises.
We train your team on Xero, QuickBooks and reporting workflows, then keep the system healthy month after month.
How we deliver, end-to-end
- 01ConsultationA free 30-minute scoping call to understand goals, structure, deadlines and pain points.
- 02AssessmentWe audit your books, filings and software stack to surface risks and quick wins before quoting.
- 03PlanningA written engagement plan: scope, deliverables, deadlines and a fixed monthly fee — no hourly billing.
- 04ImplementationSoftware configured, ledgers migrated, controls set up and the team onboarded with zero downtime.
- 05TestingReconciliations, trial runs and sign-off on the first month's outputs before going live.
- 06TrainingHands-on training for your team plus written SOPs so the process is sustainable, not dependent on us.
- 07Ongoing supportContinuous filing, monthly reviews, unlimited email support and proactive deadline management.
Frequently asked questions
What our clients say
Heartlands turned our capital gains tax (cgt) from a year-end headache into a quiet, predictable process. Their partner-led approach is the difference.
Switched from a high-street firm and immediately recovered tax we didn't know we'd overpaid. Communication is faster, advice is sharper.
Genuinely proactive — they call us before deadlines, not the other way round. Fixed fees, no surprises and our books have never been cleaner.
Ready to talk about capital gains tax (cgt)?
A free 30-minute scoping call with a chartered partner. No obligation, no sales pitch — just clear answers and a fixed quote if it's a fit.