--- title: "Capital Gains Tax Advice Cardiff | HLS Accounting" description: "Get clear Capital Gains Tax advice in Cardiff. Work out your gain, claim reliefs like BADR, and meet HMRC deadlines for sales and gifts." canonical: "https://hlsaccounting.co.uk/services/capital-gains-tax-advice" --- Tax Services - Personal # Capital Gains Tax Advice We help Cardiff business owners and individuals understand and reduce Capital Gains Tax on property sales, investments and asset disposals. With clear advice and strategic planning, we'll make sure you're compliant, maximise your reliefs and keep more of what you've earned. [Book a free consultation](https://calendly.com/hlsaccounting/new-client-meeting) 10+ Years advising Cardiff clients £3,000 Personal CGT allowance 2025/26 18-24% Current CGT rates ![Tax advisor explaining capital gains tax to a client across a desk with documents and a chart in a modern office.](/_next/image?url=%2Fapi%2Fmedia%2Ffile%2Ftax_advisor_capital_gains_office_realistic.jpg%3Fv%3D1773064212255&w=1536&q=75&dpl=dpl_DEc4fGhEc1SCRZZutzoEsRuDy1CJ) ## What we cover under Capital Gains Tax From property sales to share disposals, we provide tailored CGT advice across all asset types. Whether you're a landlord, investor or business owner, we'll guide you through the rules and help you plan ahead. ### Property Disposal Planning Expert guidance on CGT for residential and investment property sales, including vendor HMRC registration and reliefs. ### Share and Investment CGT Advice on calculating gains from shares, funds and other investments, with planning to minimise your liability. ### Business Asset Disposal Relief Maximising relief when selling or closing a business, ensuring you benefit from available allowances. ### Self-Assessment CGT Returns Accurate reporting of capital gains on your tax return, with HMRC liaison and compliance support. ## How we help you navigate Capital Gains Tax Capital Gains Tax can catch you off guard if you're selling a second property, cashing in investments or disposing of business assets. The rules changed significantly in late 2024, with rates rising from 10% to 18% for basic-rate taxpayers and 20% to 24% for higher earners. We help Cardiff business owners, landlords and individuals understand what they owe, when they need to pay it and how to reduce the bill legally. Our approach starts with a full review of your situation: what you're selling, when you bought it, what it cost and any improvements you've made. We calculate your gain, apply the annual exempt amount (currently £3,000 for 2025/26) and identify any reliefs you're entitled to, such as Private Residence Relief or Business Asset Disposal Relief. If you're selling property, we'll register you with HMRC if needed and prepare your CGT return within the 60-day deadline. For other assets, we'll include the disposal in your self-assessment return and make sure everything's filed correctly. > We'll help you time your disposal to make the most of allowances and reliefs. More information ### Common concerns we address Many clients worry they've left planning too late, or that they'll be penalised for mistakes. The truth is, there's often room to manoeuvre even after a sale, and HMRC is more forgiving when you've worked with a professional. We'll handle any correspondence, support you through disputes or investigations and give you peace of mind that your records are accurate. If you're thinking about selling in the future, we can model different scenarios and show you the tax impact of waiting, gifting or transferring assets to a spouse. ### Cardiff and South Wales context We work with clients across Cardiff, the Vale of Glamorgan, Newport and the valleys who are selling buy-to-let properties, downsizing or realising investment gains. Whether you're a Pontcanna landlord, a Penarth retiree or a Caerphilly business owner winding down, we understand the local property market and the practical realities of selling here. Our office is in Cardiff, so we're easy to reach for a face-to-face chat or a quick call when you need clarity. ### What happens next Once we've helped you with a disposal, we stay in touch for future planning. CGT is rarely a one-off event, and the rules keep changing. We'll update you on rate changes, new reliefs and opportunities to restructure your assets. If you're planning further sales or investments, we'll factor CGT into your wider tax strategy so you're never caught out. And if HMRC ever queries your return, we'll deal with them on your behalf. ### Ready to talk? Book a free consultation and we'll explain your CGT position in plain English, with no obligation. [Book a free consultation](https://calendly.com/hlsaccounting/new-client-meeting) ### While you're here - [Dividend Tax Planning](/services/dividend-tax-planning)→ - [Rental Income Tax Returns](/services/rental-income-tax-returns)→ - [High Income Child Benefit Charge Returns](/services/high-income-child-benefit-charge-returns)→ ## Worth considering Tax Services - Personal ### Tax Rebates & Refund Claims We identify overpaid tax and submit accurate HMRC rebate and refund claims for sole traders and small businesses, then chase progress until payment lands. [Tax Rebates & Refund Claims→](/services/tax-rebates-and-refund-claims) Tax Services - Personal ### HMRC Investigation Support Support for HMRC enquiries and investigations, from the first letter to closure. We review your records, manage HMRC correspondence and help resolve tax and penalties. [HMRC Investigation Support→](/services/hmrc-investigation-support) Tax Services - Personal ### Non-Resident Tax Returns Preparation and filing of UK non-resident Self Assessment returns, including UK property income, relief claims and HMRC follow-up, so you stay compliant. [Non-Resident Tax Returns→](/services/non-resident-tax-returns) Tax Services - Personal ### Inheritance Tax Planning Inheritance tax planning that maps your estate, estimates IHT, and sets a clear action plan using reliefs, gifting and ownership changes where suitable for you. [Inheritance Tax Planning→](/services/inheritance-tax-planning) Tax Services - Personal ### Personal Tax Planning Personal tax planning for Cardiff business owners and sole traders. Forecast your tax bill, use key allowances, and plan payments and profit withdrawals. [Personal Tax Planning→](/services/personal-tax-planning) Tax Services - Personal ### Self Assessment Tax Returns We prepare and file your HMRC Self Assessment tax return, check expenses and reliefs, and give a clear summary of tax due and key payment dates. [Self Assessment Tax Returns→](/services/self-assessment-tax-returns) ## Before you book Here are the questions Cardiff clients ask us most often about Capital Gains Tax. When do I need to pay Capital Gains Tax? You pay CGT on the profit when you sell or give away an asset that's increased in value, such as property (other than your main home), shares or business assets. The tax is due via self-assessment, or within 60 days for UK property disposals. How much will I pay in Capital Gains Tax? Rates are currently 18% for basic-rate taxpayers and 24% for higher earners on residential property and most other assets. You can deduct the annual exempt amount (£3,000 for 2025/26) and any allowable costs before calculating the gain. Can I reduce my Capital Gains Tax bill? Yes. We'll help you use your annual allowance, claim reliefs like Private Residence Relief or Business Asset Disposal Relief, and time disposals to spread gains across tax years. Transferring assets to a spouse can also save tax. Do I need to register with HMRC before selling property? If you're selling UK residential property and you're not already in self-assessment, you must create a Capital Gains Tax on UK Property account and report the sale within 60 days. We'll handle the registration and filing for you. What if I've already sold and didn't report it? You can still report late disposals, though you may face penalties. We'll calculate what you owe, file the return and liaise with HMRC to minimise any charges. It's always better to come forward than wait for HMRC to contact you. How long does the CGT advice process take? For straightforward disposals, we can usually calculate your liability and file within a few days of receiving your information. More complex planning (multiple assets, business sales) may take a week or two, depending on the detail involved. What information do I need to provide? Bring details of the asset (purchase price, sale price, dates), receipts for improvements or costs, and any previous valuations. For property, we'll also need solicitor statements. The more complete your records, the faster we can work. Do you charge a fixed fee or hourly rate? We quote a fixed fee for most CGT work, based on the complexity of your disposal. Simple property sales start from a few hundred pounds; business asset disposals or multiple gains cost more. We'll agree the fee upfront before we start. ## Let's talk about your Capital Gains Tax Book a free consultation and we'll explain your position, your options and what we can do to help. [Book a free consultation](https://calendly.com/hlsaccounting/new-client-meeting)