Minimising Tax Liabilities on Your Investments
Managing Capital Gains Tax is an important part of personal and business tax planning. Whether you’re looking to sell property, shares, or other high-value assets, understanding your obligations and making the most of available reliefs can help you reduce tax liability and make informed financial decisions. With over 125 years of experience supporting clients across South Wales, our firm is here to help you manage Capital Gains Tax with confidence.
Your Capital Gains Tax Specialist Across the UK
Selling a second home, cashing in shares, or passing on an asset can leave you with a tax bill you didn’t see coming. Capital Gains Tax has a habit of catching people out, partly because the rules keep changing and partly because the deadlines are tighter than most people expect. If you’ve made a gain, or you’re planning to, getting the right advice early can make a real difference to what you actually keep.
That’s what we’re here for. Bevan Buckland is Wales’ largest independent chartered accountancy firm, and as a capital gains tax specialist working with clients across the UK, we can help you understand your position, claim every relief you’re entitled to, and stay on the right side of HMRC. We’ve advised individuals for over 125 years, through every kind of market and every shift in the legislation.
Whether it’s property, investments, or an inheritance you’re going to receive, we’ll make sure you don’t pay a penny more than you have to. Here’s how our capital gains tax advice works in practice.
What Our Capital Gains Tax Service Includes
Capital Gains Tax, or CGT, is charged on the profit you make when you sell or dispose of an asset that’s grown in value. It’s the gain that’s taxed, not the full amount you receive. That sounds simple enough, but the detail is where it gets tricky, and where a specialist earns their keep. Here’s what you get when you work with us.
We calculate your gain accurately
Getting the calculation right is the foundation of everything else. We work out your gain properly, taking into account the original cost, allowable expenses, improvement costs, and any losses you can offset. We also apply your annual exempt amount, which is currently £3,000 and works on a use-it-or-lose-it basis. The full detail on what you pay and the current allowances sits on the GOV.UK Capital Gains Tax pages, and we make sure your figures line up with it.
We find the reliefs that reduce your bill
This is where good capital gains tax advice pays for itself. Depending on your circumstances, you may be able to claim Private Residence Relief, Business Asset Disposal Relief, Investors’ Relief, Gift Hold-Over Relief, or Rollover Relief. Transfers between spouses and civil partners can also happen on a no-gain, no-loss basis, which sometimes lets a couple use both annual allowances. We review every option so nothing that could save you money is left on the table.
We handle the 60-day property reporting deadline
If you sell UK residential property that isn’t your main home, you usually have to report the gain and pay any tax due within 60 days of completion. That’s a short window, and missing it means penalties and interest. We manage the whole process for you through the HMRC UK property reporting service, from calculation to submission, so the deadline never becomes your problem.
We deal with HMRC on your behalf
As your registered agent, we can speak to HMRC directly about your affairs. If a query comes in, we handle it. If you’ve had a letter that’s left you uneasy, we can step in and respond. We also complete the capital gains pages of your Self Assessment return where a gain needs reporting that way, so everything ties together neatly.
We plan ahead, not just after the event
The best time to get advice is before you sell, not after. Timing a disposal across two tax years, structuring a sale, or making the most of reliefs often works best with a bit of planning. If you’re thinking about selling, a conversation now could save you a significant sum later.
Who Our Capital Gains Tax Service Is For:
Why Choose Bevan Buckland?
Plenty of firms can file a CGT return. What sets us apart is the depth of advice behind it, and the people you’ll actually deal with.
You’ll have a named specialist, not a call centre. Every client gets a dedicated client manager who knows your situation and pulls in the wider team when specialist input is needed. You won’t repeat your story every time you pick up the phone.
Your fee is agreed upfront, with no charge for queries.* We set an annual fee at the start, and it covers your day-to-day calls and emails at no extra cost. You’ll never hesitate to ask a question because you’re watching the clock.
We’re chartered, regulated and independently verified. We’re ICAEW Chartered Accountants with Chartered Tax Advisers and Cyber Essentials Plus certification, so your gain and your data are in properly qualified hands.
Everything sits under one roof. CGT rarely stands alone. It often connects to your income tax, inheritance planning, or business affairs, and we handle all of it, so nothing falls between the cracks.
We’re local people, wherever you are. With five offices across South and West Wales and a fully remote service, you can meet us face to face or work with us entirely online. You get real, qualified people who know their subject, not an anonymous portal.
How it works
Step 1: Book your free consultation. We’ll talk through the asset and your plans, and tell you where you stand.
Step 2: We calculate and advise. We work out your gain, identify every relief, and give you a clear picture of what you owe and how to reduce it.
Step 3: We report and support. Once you approve the figures, we submit to HMRC within the deadline and stay on hand for anything that follows.
Pricing
The first thing most people ask is what it costs. The honest answer is that it depends on the complexity of the disposal. A single share sale is straightforward; a property sale involving multiple reliefs, or several disposals in one year, takes more work. Whatever your situation, we agree a fixed fee before we start, with no hidden costs and no surprises at the end. You’ll know the price upfront, and it’ll cover your questions along the way. Your free initial consultation is exactly that: free, with no obligation to go any further.
Frequently Asked Questions
Capital Gains Tax is charged on the profit you make when you sell or dispose of an asset that’s increased in value, such as a second property, shares, or a business. It’s the gain that’s taxed, not the whole sale price. You pay it when your total gains for the tax year go above your annual exempt amount, which is currently £3,000. The rate depends on your income and the type of asset, and the current figures are set out on the GOV.UK Capital Gains Tax pages. We’ll work out exactly what applies to you.
You can report a gain yourself through HMRC, and for a very simple disposal that may be fine. The value of a specialist shows up in the detail: making sure the calculation is right, claiming every relief you’re entitled to, and hitting the reporting deadline. Get any of those wrong and you can easily pay more tax than you need to, or face a penalty. For most people, the tax saved and the peace of mind more than cover the fee.
It depends on how complex your situation is. A single, simple disposal costs less than a property sale involving several reliefs or multiple assets in one year. At Bevan Buckland we agree a fixed fee upfront, so you know the cost before any work begins, with no hidden extras. Your initial consultation is free and carries no obligation, so you can find out where you stand before deciding anything.
For UK residential property that isn’t your main home, you generally need to report the gain and pay any tax due within 60 days of completion. That’s a tight window, and missing it triggers penalties and interest. You report it through the HMRC UK property service. We handle the whole process for you, from calculation to submission, so the deadline is never a worry.
Usually not. Your main home is normally covered by Private Residence Relief, which exempts the gain on the property you live in. It gets more complicated if you’ve let the property out, used part of it for business, have a very large garden, or have owned more than one home. In those cases the relief may be partial, and it’s worth getting advice to work out your exact position.
Several, depending on your circumstances. Common ones include Private Residence Relief for homes, Business Asset Disposal Relief for business sales, Investors’ Relief for certain shares, Gift Hold-Over Relief for gifted assets, and Rollover Relief when you reinvest. You can also offset losses and transfer assets between spouses on a no-gain, no-loss basis. The rules and rates change regularly, so we review your full position against the current legislation to make sure nothing is missed.
Yes. Non-residents who dispose of UK property or land have their own reporting obligations, and the rules differ from those for UK residents. We’re experienced in non-resident CGT and work with clients based overseas, guiding them through the reporting process and making sure they meet HMRC’s requirements correctly and on time.
Yes. Our five offices are across South and West Wales, but we act for clients right across the UK. Our service runs comfortably online, so wherever you are, you can send us your details securely, approve your figures remotely, and speak to your dedicated adviser by phone or video. You get a genuinely local, relationship-led firm without needing to be nearby.
Absolutely, and try not to worry. HMRC sometimes raises queries or opens a review, and it doesn’t automatically mean anything is wrong. As your agent, we can respond on your behalf, explain what they’re asking for, and help you provide the right information. Having an experienced specialist handle the correspondence takes a lot of the stress out of it.
Before you sell, ideally. Once a disposal has happened, your options narrow. Beforehand, we can look at timing the sale across tax years, structuring it well, and making full use of allowances and reliefs. Early advice often makes a real difference to the final bill. That said, if you’ve already sold, get in touch anyway, as there’s usually still plenty we can do.
