Capital Gains Tax · Wimbledon · South West London · UK-Wide Remote Service

Capital Gains Tax
Advice & Planning
Wimbledon & London

The CGT annual exemption has been cut from £12,300 to £3,000 in four years. More disposals now trigger a tax liability, and the 60-day reporting deadline on residential property catches sellers out every quarter. Our ACCA-certified Wimbledon team plans your CGT position before disposal, not after.

ACCA Certified HMRC Authorised Agent Property & BADR Specialists Fixed-Fee, No Surprises

Tell us about the asset you plan to sell or have recently sold. We will come back with a fixed-fee CGT quote within one business day.

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Who We Advise in Wimbledon, London & Across the UK

Two Types of Capital Gains Tax Situation. Both Require Planning Before the Disposal.

Capital gains tax arises on two very different types of disposal, each with its own rates, reliefs, reporting deadlines, and planning opportunities. What they have in common is that the time to act is before exchange or completion, not after.

Landlords, Property Investors & Homeowners

Property & Land Capital Gains Tax

60 days Deadline to report AND pay CGT on UK residential property after completion

Selling a buy-to-let, second home, inherited property, or any residential property that is not your main residence triggers CGT. With South West London and Wimbledon property values having risen significantly, the gain on properties purchased even a decade ago can be substantial, and the 60-day reporting and payment deadline applies from the date of completion, not the end of the tax year.

We calculate the exact gain, identify every allowable deduction, apply any partial Private Residence Relief where the property was once your main home, and file the CGT return within the 60-day window. Missing this deadline triggers penalties regardless of when your self assessment return is due.

Business Owners, Directors & Investors

Business & Investment Capital Gains Tax

18% BADR Business Asset Disposal Relief rate from 6 April 2026 (was 10% before April 2025)

Directors selling a business or shares, investors disposing of portfolios, and individuals receiving gifts of business assets all face CGT treatment that differs significantly from property. Business Asset Disposal Relief can reduce the CGT rate to 18% on qualifying disposals from April 2026, subject to a £1 million lifetime limit and specific qualifying conditions that must be met before the disposal takes place.

We review BADR eligibility, structure the transaction to preserve qualifying status, and advise on rollover and holdover relief where applicable. Crystallising a business sale without confirming BADR eligibility in advance is one of the most expensive mistakes we see.

Annual Exempt Amount: £3,000 in 2025/26 and 2026/27The CGT annual exemption has been cut from £12,300 in 2022/23 to £3,000 today, a 75% reduction in four years. Gains that previously fell within the exemption now create a real tax liability. Disposals that were planned under old assumptions should be reviewed. Spousal transfers and loss planning are more important than ever when only £3,000 of gain is tax-free each year.

CGT Rates & Annual Exemption

Capital Gains Tax Rates: Current Rates for 2026/27

CGT rates changed significantly with the October 2024 Autumn Budget. Rates on most assets were aligned with residential property rates, and Business Asset Disposal Relief rates have stepped up annually since April 2025. We are currently in the 2026/27 tax year. BADR is now 18% (the 14% rate expired 5 April 2026). Getting the right rate applied requires knowing your taxable income in the year of disposal.

Asset Type Basic Rate Taxpayer Higher / Additional Rate Notes
Residential property (buy-to-let, second home) 18% 24% 60-day reporting deadline after completion. Main residence exempt under PRR.
Shares, funds & other chargeable assets 18% 24% Rates aligned with property from 30 October 2024. Self assessment deadline applies.
Business assets qualifying for BADR 18% Current rate (from 6 Apr 2026)
Was: 14% in 2025/26, 10% before Apr 2025		 £1 million lifetime limit. Qualifying conditions must be met for 2 years before disposal.
Investors’ Relief (unlisted company shares) 18% Current rate (from Apr 2026)
Was: 14% in 2025/26		 Newly issued unlisted shares held 3+ years. £1 million lifetime limit.
Annual Exempt Amount (individuals) £3,000 2025/26 and 2026/27 Down from £12,300 in 2022/23. Frozen at £3,000 until at least 2030.
Spousal / civil partner transfer No gain / no loss CGT-neutral. Transfers the base cost. Both partners then have own AEA and rate band.

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The rate you actually pay depends on your total taxable income in the year of disposal, as gains are added on top of income when determining which band applies. We calculate the exact position for your circumstances before advising on timing.

Disposals & Reliefs We Handle for Wimbledon & London Clients

Every Type of Chargeable Disposal and CGT Relief We Advise On

Capital gains tax applies across a wider range of assets and situations than most people realise. Below is a guide to the disposals and reliefs we regularly handle for clients in Wimbledon, South West London, and across the UK.

Chargeable Disposals

  • Buy-to-let & residential property sales: gain calculated from purchase to sale, less allowable costs, with 60-day CGT return and payment to HMRC

  • Inherited property: gain calculated from probate value at date of death, not original purchase price, with specific rules around private residence relief where inherited

  • Business sales and share disposals: exit from a sole trader business, partnership, or limited company, including BADR eligibility review and lifetime limit tracking

  • Shares, funds & investment portfolios: share identification rules, bed and ISA planning, and loss harvesting strategies across a portfolio

  • Gifts of chargeable assets: gifts are treated as a disposal at market value for CGT purposes, with holdover relief available for business assets

Reliefs & Planning Strategies

  • Private Residence Relief (PRR): full or partial exemption where the property was, or has been, your main residence, including the final 9-month rule and letting period calculations

  • Business Asset Disposal Relief (BADR): confirming qualifying conditions are met before disposal: personal company test, officer or employee status, and 2-year holding period

  • Rollover and holdover relief: deferring gains on reinvestment into new qualifying business assets or gifting qualifying business interests to the next generation

  • Spousal transfers & annual exemption doubling: transferring assets to a spouse or civil partner before disposal to use both annual exemptions and potentially lower the applicable rate

  • Capital loss planning: offsetting current-year losses, carrying forward unused losses, and timing disposals across tax years to use multiple annual exemptions

Our Wimbledon & London CGT Service

Everything Included in Our Capital Gains Tax Service

We handle the complete CGT process for Wimbledon, South West London, and UK-wide clients, from pre-disposal planning through to HMRC reporting and payment. For property clients, this integrates directly with our landlord and property tax service.

Property CGT Calculations & 60-Day Reporting for SW London Sellers

Full CGT calculation for buy-to-let and residential property disposals, including all allowable purchase costs, improvement costs, and selling expenses. We prepare and submit the Capital Gains Tax on UK property return within the mandatory 60-day window and calculate the tax payment due, ensuring no penalties arise from a late or incorrect submission.

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Business Asset Disposal Relief (BADR) Planning

We confirm BADR qualifying conditions are met before exchange: the personal company test, officer or employee status, and the 2-year ownership and activity period. The BADR rate rose to 14% from April 2025 and to 18% from April 2026. With the £1 million lifetime limit, using the allowance correctly requires careful tracking and timing, especially for directors who have made previous qualifying disposals.

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Pre-Disposal CGT Planning for Wimbledon & London Clients

The most valuable CGT advice is given before the sale is agreed, not after exchange. We model the full gain, identify every available relief, assess the impact of your income in the year of disposal on the rate applied, and advise on whether splitting a disposal across two tax years, transferring to a spouse first, or timing completion differently would produce a materially better outcome.

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Investment & Shares CGT

CGT on shares and investment portfolios involves share identification rules (first in first out, Section 104 pooling, bed and breakfast rules), annual exemption optimisation, and loss harvesting across a portfolio. We advise on bed and ISA strategies to shelter future gains and calculate the correct base cost for complex portfolios where shares have been acquired in tranches over many years.

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Inherited Property & Estate CGT

Inherited property uses the probate value at the date of death, not the original purchase price, as the base cost. This can significantly reduce the taxable gain compared to properties purchased by the deceased at original market value. We calculate the gain from probate value, identify any partial Private Residence Relief where the executor has resided in the property, and handle the 60-day return correctly.

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Loss Planning & Annual Exemption Optimisation

Capital losses must be claimed on a self assessment return to be recognised. Unclaimed losses from prior years are commonly missed. We identify carried-forward losses, model whether triggering losses in the current year offsets gains efficiently, and advise on spreading disposals across tax years to use multiple annual exemptions. With the AEA frozen at £3,000, every pound of loss planning and timing matters more than it did three years ago.

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Why Wimbledon & London Clients Choose Protax for CGT

Wimbledon-Based CGT Advice That Starts Before You Sell

South West London property values mean most long-term owners are sitting on significant embedded gains. The reduction in the annual exemption from £12,300 to £3,000 means disposals that once produced little or no tax now trigger meaningful bills. Muhammad Bilal ACCA and the Protax team have been helping Wimbledon, SW London, and UK-wide clients plan and report CGT correctly for over 15 years, from our office at Lombard Business Park, SW19 3TZ.

  • We Advise Before Disposal, Not After Exchange

    Once contracts are exchanged, your disposal date is fixed. The tax year of the gain, the rate applied, and most reliefs are determined at that point. Pre-disposal advice, which takes days, can save thousands. Post-disposal advice can only calculate what is owed, not reduce it.

  • The 60-Day Rule Catches Sellers Out Every Quarter

    The 60-day reporting and payment deadline for residential property CGT runs from the date of legal completion, not the tax year end and not the self assessment deadline. Sellers who assume they have until 31 January the following year face automatic penalties and interest. We flag the deadline at the point of instruction and ensure the return is filed on time.

  • Private Residence Relief Calculations for Complex Ownership Histories

    PRR is not always all-or-nothing. If a property was your main home for part of the ownership period, or was let out for part of the time, a partial exemption applies. The final 9 months of ownership always qualify. We map the full ownership history and calculate the correct PRR fraction before the gain is reported.

  • BADR Rate Changes Require Timing Awareness

    The Business Asset Disposal Relief rate was 10% before April 2025, 14% from April 2025, and 18% from April 2026. For directors planning a business exit, the year of disposal now matters significantly to the rate applied. We model the tax cost under each scenario and advise on the most efficient timing given your commercial position.

  • Spousal Transfers & Loss Planning Integrated Into Every Disposal

    With the annual exemption at only £3,000, using two exemptions through a spousal transfer before disposal can halve the taxable gain on the first £6,000. We check whether a spousal transfer makes sense, whether any losses can be crystallised to offset the gain, and whether staging the disposal across two tax years produces a better net outcome.

Wimbledon & London Client Feedback

What Our Clients Say

Rated 5 stars on Google by London landlords, directors, and investors we have helped with CGT planning, property disposals, and tax returns.

Androulla Papathanasiou

★★★★★

Protax Consultants Ltd are absolutely an excellent Accountancy firm, with a great support service. The entire team especially Muhammad have been professional and very helpful. Very easy to communicate our company needs, no complaints, all done with ease. Highly recommended — will not go elsewhere now.

Ready Metal Co. Ltd

Edgar Costa

★★★★★

Used Protax for my first year in business. The process was so simple and smooth. I checked a few accountants before going with Muhammad and Protax. As a new business owner accountants can be a little confusing — not only did the team do a lot for me, they also taught me a lot. Will be using Protax for as long as I am in business. Highly recommend.

Mick & Maria Cass

★★★★★

We have used Protax Consultants from day one of starting up our business. Always friendly and available to help with any problems we come across. No need to worry about Payroll, VAT, taxes or any other financial part of the business with Protax Consultants on our side.

Cass Transport Services Ltd

Local Capital Gains Tax Accountants

Wimbledon, South West London & UK-Wide CGT Advice

Our office is at Lombard Business Park, Wimbledon, SW19 3TZ. We offer face-to-face meetings for clients across South West London and a fully remote service for individuals and businesses anywhere in the UK. If you are searching for a capital gains tax accountant near me in Wimbledon or South West London, our team provides direct access and same-day responses. For clients elsewhere in the UK, our remote service is just as fast and thorough.

Wimbledon

Our Office, SW19 3TZ

Raynes Park

South West London

New Malden

South West London

Merton

South West London

Tooting

South West London

Balham

South West London

Wandsworth

South West London

Putney

South West London

Kingston

South West London

Central London

City, West End & EC

East London

Shoreditch, Hackney & EC1

Rest of UK

Fully Remote Service

No travel required for remote clients. Secure document upload, Zoom consultations, digital signing. CGT returns filed within your 60-day window regardless of location.

Common CGT Questions from London & UK Clients

Capital Gains Tax: Frequently Asked Questions for London & UK Taxpayers

CGT on residential property is charged at 18% for basic rate taxpayers and 24% for higher and additional rate taxpayers. These rates apply to disposals made on or after 30 October 2024. The annual exempt amount is £3,000 for 2025/26 and 2026/27, so you deduct £3,000 from your net gain before calculating the tax. Whether you pay the 18% or 24% rate depends on your total taxable income in the year of disposal, as the gain is added on top of your income. If your income fills the basic rate band (up to £50,270 in 2025/26), only the portion of gain that exceeds the remaining space in the band is taxed at 24%. For example, if your income is £40,000 and your net gain is £50,000, roughly £10,270 is taxed at 18% and £39,730 at 24%. We calculate the exact position and advise before you complete.
Since April 2020, any individual who disposes of UK residential property at a gain must report the gain and pay the CGT owed within 60 days of the date of legal completion. This is done through HMRC's online Capital Gains Tax on UK property service, not your self assessment return. The 60-day deadline applies regardless of when the tax year ends. If you complete a sale in November, your CGT return and payment are due by January, well before the 31 January self assessment deadline. Late submission triggers an automatic penalty from day one, and interest accrues on unpaid tax from the 60-day deadline. We file within the window as standard. The gain is then also reported on your self assessment return for the relevant tax year, but the tax itself must be paid within 60 days.
In most cases, no. Private Residence Relief (PRR) exempts the gain on your main residence from CGT where the property has been your only or main home throughout your period of ownership. The exemption is automatic and full. However, PRR can be partial or unavailable in certain situations: if you have lived in the property for only part of the ownership period, if part of the property has been used exclusively for business, if the garden exceeds half a hectare, or if you are a property developer. In these cases, only the fraction of the gain attributable to the non-exempt period or use is charged to CGT. We calculate the correct PRR fraction where the history is not straightforward.
Business Asset Disposal Relief (BADR), formerly Entrepreneurs' Relief, reduces the CGT rate on qualifying business disposals. The rate has changed significantly: it was 10% for disposals before 6 April 2025, 14% for disposals between 6 April 2025 and 5 April 2026, and 18% from 6 April 2026 onwards. There is a £1 million lifetime limit across all qualifying disposals. To qualify, you must generally have owned at least 5% of the company shares and voting rights, been an officer or employee of the company, and met these conditions for at least 2 years before the disposal. Directors planning a sale need to confirm qualifying conditions are satisfied before exchange, as conditions cannot be met retrospectively after completion. We review BADR eligibility as part of every business disposal engagement.
There are several legitimate strategies that can reduce CGT. Using both partners' annual exemptions through a spousal transfer before disposal can shelter up to £6,000 of gain at no tax cost. Splitting a disposal across two tax years uses two annual exemptions. Making pension contributions or gift aid donations in the year of disposal reduces your adjusted net income, which can push more of your gain into the basic rate band where the 18% rather than 24% rate applies. Offsetting capital losses from other disposals, including shares or investment portfolios, reduces the net taxable gain. Moving assets into ISAs before disposal shelters future growth from CGT entirely. For business assets, confirming BADR eligibility before disposal can reduce the rate substantially. The most important point is that all of these strategies must be implemented before completion, not after.
When you inherit a property, the base cost for CGT purposes is the probate value at the date of the deceased's death, not the original purchase price. This resets the base cost to market value, which can significantly reduce the taxable gain compared to what the deceased would have faced. If the inherited property has been your main residence since you inherited it, partial or full Private Residence Relief may be available. The 60-day reporting and payment deadline applies to inherited residential property disposals in the same way as any other property sale. Inherited property that was the main home of the deceased may also be exempt under PRR if sold while administered by executors within certain time limits. Each situation requires careful calculation, and we advise on the correct base cost, applicable reliefs, and reporting requirements before the property is marketed for sale.
Plan Your CGT with Wimbledon’s Trusted ACCA Accountants

Get Capital Gains Tax Advice Before Your Disposal. From Our Wimbledon Office or Fully Remote.

Tell us about the asset you are planning to sell, or one you have recently sold, and we will come back with a clear fixed-fee proposal. For residential property, we include a calculation of whether the 60-day deadline applies and when. For business assets, we confirm BADR eligibility as part of every initial review.

  • Fixed fee agreed before we start
  • Pre-disposal planning included, not just calculation
  • 60-day property CGT returns filed within the deadline
  • BADR eligibility reviewed for all business disposals
  • ACCA-certified, HMRC authorised agent
  • In-person (Wimbledon SW19) or fully remote

Related services: Landlord & Property Tax · Self Assessment · Director Salary & Dividend · HMRC Investigation

Request Your Free CGT Quote

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