Sherwin Currid: Your expert Capital Gains Tax accountant
Tax Advice
Capital Gains Tax Accountants and Advisors
Our team of qualified accountants can handle all aspects of Capital Gains Tax from computations and submissions to 60-day property tax returns and BADR claims.
What is Capital Gains Tax?
Capital Gains Tax (CGT) is a tax levied on the disposal of certain assets and possessions that have increased in value from the original purchase price. These assets can be things like properties, stocks, and shares. Disposal does not just mean the sale of an asset for cash. CGT will also apply if you transfer ownership as a gift, exchange the asset or receive compensation for the loss of an asset (such as an insurance payout).
The tax will apply to any net capital gains that you make on the sale of assets above your tax-free allowance, which, for capital gains in 2025/26, is £3000 for individuals. The rate of Capital Gains Tax that you will need to pay will depend on your income tax rate.
Do I need accountants for Capital Gains Tax?
Dealing with Capital Gains Tax can be tricky, especially if you have multiple disposals in the same year or have sold property or engaged in the sale of business assets. Getting advice from a specialist CGT Accountant can ensure that your computations for taxable income are correct, all available reliefs are applied, and you submit the correct returns to HMRC.
At Sherwin Currid, our team has a wealth of experience with capital gains. You will get to speak to a dedicated accountant who will guide you through the process and ensure that you pay the right amount of tax.
If you have not yet disposed of your assets, then speaking with an accountant beforehand can help you with tax planning to ensure you make full use of any allowances and reliefs.
What constitutes a capital gain?
A taxable capital gain happens when you dispose of most capital assets for a profit, such as shares, business assets or other personal assets (apart from cars). Capital Gains Tax is not usually levied on your primary home due to private residence relief, unless you have let it out, used it for business purposes, or the grounds are larger than 5,000 square metres.
There is no Capital Gains Tax on gains made through ISAs or PEPs, UK government gilts and premium bonds, betting and lottery wins.
If you make a capital loss on any assets, then you can use this to reduce any gains you have made in a tax year or carry it forward to offset any gains in future years if you have a net capital loss in the year. You will need to report these in a self-assessment tax return.
Sherwin Currid Directors
Our founding directors, Martyn Currid and Max Sherwin, set up Sherwin Currid to help freelancers and small businesses with accountancy. Since then we have grown to look after a wide range of clients while keeping our personal, professional service.
Our Client Testimonials
Some of our clients have been kind enough to leave us reviews of our accountancy services. Don’t just take our word for it, read some testimonials to see how we help people with their business and personal tax.
How can Sherwin Currid help with Capital Gains Tax
Sherwin Currid helps make Capital Gains Tax simple. Our team of skilled accountants will prepare and submit your capital gains computations to HMRC while ensuring you claim any allowances to ensure you pay the right amount of tax.
We can prepare your 60-day residential property return quickly, ensuring you meet the HMRC deadline. If you have disposed of a property that is not your primary residence recently please get in touch and we can start helping you straight away.
If you are a business owner looking to sell your business then we can also provide advice surrounding Business Asset Disposal Relief (BADR), formerly known as Entrepreneurs’ Relief. Our team can advise on and help you with winding up a company or sole trade, as well as dealing with the tax implications.
Tax planning advice
We also offer comprehensive tax planning advice. We offer our clients consultations to help with tax planning for a range of scenarios. Our team has experience with landlords, business owners and investors and will be able to help you with understanding your tax position and plan for the future. We can also prepare your self-assessment tax returns and can assist landlords and the self-employed with adapting to meet the new MTD IT requirements.
If you are looking for help with tax planning for CGT or anything else, please get in touch to arrange a consultation with one of our team.
Comprehensive tax services and advice
In addition to Capital Gains Tax, we offer a comprehensive tax advice service to individuals, businesses and landlords. Our team of tax experts will help you with record keeping, reporting and tax efficiency.
If you are looking for an accountant near you who has many years of experience in advising and helping individuals and businesses operate in a tax-efficient and fully compliant way, then please get in touch. We would be delighted to help.
Capital Gains Tax accountants for landlords
Sherwin Currid provides specialist tax and accountancy advice to landlords and property investors, including advising on the CGT implications of the sale of real estate that has been let out.
Having a consultation with one of our expert accountants can help you plan your property disposal and minimise your tax liability while making use of any allowances and maximising relief that you may be entitled to. Once you have disposed of your property we can complete the CGT computations and ensure that you meet HMRC’s 60 day turn around time for filing your residential property.
If you would like to arrange a consultation with us please book an appointment to chat with one of our team.
Selling foreign property rentals
For UK resident landlords that own a foreign property, there is still Capital Gains Tax to pay on the disposal of these, as well as potentially taxes in the foreign country. If you are subject to double taxation, there may be reliefs available depending on what tax agreements are in place between the foreign country and the UK.
Our accountants can help you ensure that you pay the right amount of tax and apply any reliefs on your gains to minimise your total tax bill.
60-day property tax returns
Timely filing of property tax returns is essential for avoiding penalties. Within 60 days of selling an investment property, individuals should notify HMRC of the disposal and settle the Capital Gains Tax liability.
Before you sell your property we can assist you with tax planning, helping you to reduce your tax liability, as well as advising you on the implications of the disposal so you can get your affairs in order.
If you have already sold a property and are looking for an accountant to assist you with the Capital Gains Tax return and computations, our team of expert accountants can prepare and submit your return quickly to ensure you meet HMRC’s 60-day deadline. We can also assist you with completing your personal tax return for the year and advise you on any available reliefs that apply to you.
To arrange a consultation with one of our CGT experts, get in touch to book a meeting.
Capital Gains Tax accountants for business owners
If you are a business owner looking towards your exit strategy, a big part of your planning will revolve around the CGT implications of selling your business. For both sole traders and limited company shareholders, there will be tax to pay on the profit made on the disposal of your sole trade assets or limited company shares.
At Sherwin Currid, we help business owners at every stage in their business cycle with tax and are ideally suited to help you with your CGT computations and submissions when you sell your business. Our team can also advise you on Business Asset Disposal Relief, ensuring that you make the most of the reliefs available to you.
Business Asset Disposal Relief (BADR)
Business asset disposal relief (formerly Entrepreneurs’ Relief) can help you reduce the tax rate that applies when you sell business assets that fall within the scope of the relief. These may be assets you have previously purchased as a sole trader or shares that you hold in a limited company. Getting help from an accountant can help you ensure that you make the most of the relief available up to your £1 million lifetime allowance.