CAPITAL GAINS TAX (CGT) UK PROPERTY RETURN (UKPR)

I provide a service to calculate the CGT liability, then complete and submit UKPRs for clients who have disposed of a UK residential property and made a taxable capital gain.

This Return has to be submitted to HMRC and any tax paid within 60 days of the completion of the property disposal. (Prior to 6 April 2020 it was only necessary to include these disposals on the annual Self Assessment Tax Return, but now it needs to be included on both.)

​

Note that all individuals with a share in a UK residential property are required to submit a UKPR to HMRC based on their share of the capital gain.

​

Due to the short deadline, if you are considering this service I would suggest contacting me prior to, or immediately after the property transaction takes place.  

Fees

The fee for this service starts from £250 for the UKPR alone, with additional fees up to a maximum of £100 if there are more complex issues such as needing to use March 1982 value, using estimated acquisition or disposal values, claiming for improvement expenditure or claiming Private Residence Relief.

​

There would be a further fee of £150 for clients using the UK Self-Assessment Tax Return Completion service for the tax year in which the property was disposed. This is lower than the standard fee for using that service.  

​

I offer a discount for payment in advance and if couples use this service. 

​

Note that my practice is small so I do not need to charge VAT on top of this fee.