Understanding Capital Gains Tax

Capital Gains Tax is a tax on the profit when you sell (or ‘dispose of’) something that’s increased in value. It is the gain you make that is taxed, not the amount of money you receive. It typically applies when selling property that isn’t your main home, shares, or other investments.

Ways to Minimize Your Liability

Allowances & Timing

Using your annual exempt amount and timing sales across tax years to effectively manage your liability.

Losses & Structure

Offsetting previous losses and reviewing asset ownership structure to legally reduce the total tax payable.

Tailored Strategy

Every individual case is unique; we ensure your tax planning fits your specific life situation and goals.

All advice is tailored to each client's specific circumstances.

Plan Ahead to Avoid Surprises

The best time to manage CGT is before you sell. BH Taxation helps you plan ahead, ensuring you understand your obligations early. By reviewing your position before a sale or HMRC disclosure, we reduce stress and help you avoid costly penalties or unexpected tax bills.

How We've Helped

Residential Property Sale

An individual selling a second home was worried about the 60-day reporting rule. We calculated the gain, applied eligible reliefs, and filed the return on time, providing total peace of mind.

Late HMRC Disclosure

A client with several years of undeclared share gains felt overwhelmed. We managed the entire disclosure process, negotiated a reduction in penalties, and settled their position calmly.