Tax Returns
CGT Returns
A tax levied on the profit made on the sale of any non-inventory qualifying assets is called Capital Gains Tax. Our CGT service includes planning your disposal, determining your options and filing your CGT return. From 6 April 2020, the government brought new rules on reporting and paying the Capital Gains Tax (CGT).
Who will need to submit the cgt return?
Who Needs CGT Returns?
Generally, the 60-day CGT return rule applies to the taxpayer who usually complete their personal tax return, which includes:
Individual taxpayers
Joint owners of the residential property
Partners in general partnership and limited liability partnership (LLP)
Trustees of a trust
What information do we required?
Information We Required
The following information is required before you complete the CGT return:
Property address and postcode
The date you got the property, exchanged contracts, stopped being the property's owner
Value of the property when you got it, sold or disposed it
Costs of buying, selling or making improvements to the property
Property type, if you are a non-resident
The estimated taxable income, details of other disposals already made
What We Offer
We provide personalized accounting and tax advising services, in contrast to many other accounting firms. We distinguish ourselves from the competition by our expert service and outstanding offerings.
Quality Sevice
Our success depends on you. We always work to you the best service possible that is specially designed for you.
Dedicated Support
At Sterling Wells, we always give our clients with the full and focused support they need in order to achieve the best possible results.
Personalised Service
Customer satisfaction is our guiding concept. By putting an emphasis on consistency and communication, we aim to complete the task.
Client Satisfaction
Customer satisfaction is our guiding concept. By putting an emphasis on consistency and communication, we aim to complete the task.
Quick Response Time
You can expect the assistance of our knowledgeable professionals to start right away.
Free Consultation
Take advantage of our free initial tax consultation, which will last for 15 minutes.
