Your Capital Gains Tax HMRC Filing Duties

Published / Last Updated on 23/10/2018

There are millions of people, who should be including capital gains tax in their tax returns (even if you havent made a taxable profit) that do not know that they should be.

We show you who should be.

Related Videos

Capital Gains Tax on Land and Farmland

Capital Gains Tax on Land and Farmland

Residential property and land gains are taxed at the lower rate of 18% within basic rate tax band and the higher rate of 28% in the higher rate tax ...

19d

Capital Gains

Capital Gains Tax Returns UK Property v Overseas Property

Capital Gains Tax Returns UK Property v Overseas Property

It used to be that all capital gains taxes on investment property was included and reported in your main self assessment return. In April 2020, HMRC introduced the requirement that ...

4m28d

Capital Gains

Temporary Non Residence and Capital Gains Tax

Temporary Non Residence and Capital Gains Tax

HMRC has recently updated its practice notes and guidance on UK temporary non-residence and capital gains tax. If you are tax resident and domiciled in the UK you are ...

> 2y

Capital Gains

Calculate Capital Gains Tax on Residential Property

Calculate Capital Gains Tax on Residential Property

If you have always lived in your home as a private residence and not let any part or all of your home out, you receive 100% Private Residence Relief ...

> 2y2m

Capital Gains

UK Property Account for Capital Gains Tax Return

UK Property Account for Capital Gains Tax Return

Since April 2020 the disposal of a UK residential property (not usually your main residential home) i.e. it has been an investment property at some point and has capital ...

> 2y11m

Capital Gains

Use Pension Tax Relief To Offset Capital Gains Tax

Use Pension Tax Relief To Offset Capital Gains Tax

Pension Payments to Offset Capital Gains Tax We are seeing much speculation about the Chancellor’s March 2021 Budget. Many are expecting changes to Capital Gains Tax with a move to ...

> 3y2m

Capital Gains

CGT Rises on Property Means Government Expects Huge Price Rises

CGT Rises on Property Means Government Expects Huge Price Rises

Last week the Office for Tax Simplification (OTS) published its report for the government having been instructed to review the efficiency of Capital Gains Tax (CGT) and whether there ...

> 3y5m

Capital Gains

Save Capital Gains Tax and Switch to Insurance Investment Bonds

Save Capital Gains Tax and Switch to Insurance Investment Bonds

With speculation mounting after the Office for Tax Simplification (OTS) report last week that capital gains tax (CGT) rates should be increased to income tax rates and where CGT ...

> 3y5m

Capital Gains

Capital Gains Tax On Death Is Coming

Capital Gains Tax On Death Is Coming

The tax recovery to pay for Covid-19 has started. In July, Rishi Sunak instructed the Office for Tax Simplification (OTS) to conduct a report into the efficiency and underlying ...

> 3y5m

Capital Gains

Backdated Property Value for Capital Gains and Inheritance Tax

Backdated Property Value for Capital Gains and Inheritance Tax

If you do not know the value of a property when it was bought or ownership changed or interest transferred in a Will and you need it for Capital ...

> 4y6m

Capital Gains

Life Interest Property Trust Capital Gains Tax

Life Interest Property Trust Capital Gains Tax

Many couples sever joint tenancy on their property to then own as 'Tenants in Common'. Imagine a red line drawn down the middle of the property, you own half, your ...

> 4y6m

Capital Gains

Seller Pays Stamp Duty is Capital Gains Tax on Main Home

Seller Pays Stamp Duty is Capital Gains Tax on Main Home

Capital Gains Tax On Your Main Residential Home? It has been rumoured that Boris Johnson may change stamp duty to be paid by the seller rather than the purchaser of ...

> 4y9m

Capital Gains

Capital Gains Tax Disposals

Capital Gains Tax Disposals

Did you know capital gains tax (CGT) may be payable not just if you sell an asset but if you give it away or exchange/swap it? Capital Gains Tax ...

> 6y

Capital Gains

Capital Gains Tax When Gifting Property

Capital Gains Tax When Gifting Property

It is not commonly known that if you gift a 2nd property or investment property, even for free, you may be subject to capital gains tax at the time ...

> 6y8m

Capital Gains

Capital Gains Tax on Inherited Property

Capital Gains Tax on Inherited Property

It is not commonly known that if you inherit property and it is not your main home, you may be subject to capital gains tax when you sell it. ...

> 6y8m

Capital Gains

Capital Gains Tax Reinvestment Relief

Capital Gains Tax Reinvestment Relief

We explain how reinvestment of gains into certain qualifying investments such as enterprise investment schemes EIS can result in a capital gains tax deferral....

> 9y9m

Capital Gains

Capital Gains Tax Rollover Relief

Capital Gains Tax Rollover Relief

We explain how reinvesting the proceeds (not just the profit) of a trading asset can defer capital gains tax and benefit from rollover relief....

> 9y9m

Capital Gains

Capital Gains Tax Holdover Relief

Capital Gains Tax Holdover Relief

Ashley Clark talks about capital gains tax holdover relief and deferring the tax liability...

> 9y9m

Capital Gains

Capital Gains Tax Entrepreneurs Relief

Capital Gains Tax Entrepreneurs Relief

We delve into the reduced entrepreneurs relief capital gains tax rate when you sell shares in a trading business including the lifetime gains allowance...

> 9y9m

Capital Gains

Capital Gains Tax Free

Capital Gains Tax Free

Video highlights some key investments that are capital gains tax free...

> 9y9m

Capital Gains

Capital Gains Tax How to Calculate

Capital Gains Tax How to Calculate

Simple video explaining the interaction on income tax bands and how to then work out your capital gains tax bill...

> 9y10m

Capital Gains

Capital Gains Tax Transfer to Partner

Capital Gains Tax Transfer to Partner

Video explaining the transfer of assets to a legally married spouse or civil partner to make best use of capital gains tax annual allowance and tax benefits...

> 9y10m

Capital Gains

Capital Gains Tax Annual Allowance Explained

Capital Gains Tax Annual Allowance Explained

Video explaining the capital gains tax annual allowance and exemption for individuals and trusts....

> 9y10m

Capital Gains

Capital Gains Taxable Investments

Capital Gains Taxable Investments

We explain the basic investment types that are subject to capital gains tax if gains/profits exceed your capital gains tax yearly allowance....

> 10y

Capital Gains

Videos Channels

Our Financial Advice Fees Quotes and Shop

Money Tips Cost of Living & Covid

Cost of Living & Covid

Markets & Alerts

Markets & Alerts

Expat & Offshore

Expat & Offshore

At Retirement Options for Pensions

Options At Retirement

Pension Transfers

Pension Transfers

Green Inv ESG SRI

Green Inv ESG SRI

Law, Wills, Attorneys

Law, Wills, Attorneys

Politics and Economy

Politics & Economy