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Get your self assessment prepared for you online by certified accountants for £119
NOTE: this guide has been updated for the 2019/2020 tax year.
You need to pay capital gains tax (CGT) when you profit from selling valuable assets such as shares, cryptocurrencies, art, or property.
For the 2018/2019 tax year capital gains tax rates are:
Individuals have an £12,000 capital gains tax allowance. This means your capital gains up to £12,000 are tax free.
Normally you don’t have to pay any capital tax on selling your main home.
| Type of asset | Basic rate | Higher rate |
|---|---|---|
| Shares | 10% | 20% |
| Residential property | 18% | 28% |
| Bitcoin/Cryptocurrency | 10% | 20% |
| Other | 10% | 20% |
| Allowance for | Annual exempt amount |
|---|---|
| Individuals | £12,000 |
| Trusts | £6,000 |
If you need to quickly see how much tax you need to pay view our capital gains tax calculator.
Get your self assessment prepared for you online by certified accountants for £119
Our online tax-bot will go over your tax situation and will make sure you won’t overpay your taxes.
You can talk to one of our tax assistants at any time during the process when you have any questions.
We’ll tell you exactly what documents you need and sort them for you online. You just upload them or snap a picture with your phone.
Your certified accountant will go over your details & prepare your tax return for you to review. It will be filed on your behalf once you approve it.
We have a simple online service that guides you through the entire process. Regardless of your reasons for doing your tax return we'll help you get it done right.
We'll prepare your self assessment and help to maximise your CIS tax refund. We have the lowest fees in the industry and you don't have to pay up front if you're eligible for a refund.
Our service allows people living abroad to prepare their income tax return online. We are able to process all returns regardless of your current country of residence.
UK company directors are required to file their self assessment annually. TaxScouts handles this through a simple online process.
Long Lets, Airbnb, Capital Gains. TaxScouts will sort out your self assessment and take away the worry of tracking all the recent tax changes.
TaxScouts ensures the self employed don't overpay on their taxes. We'll help you benefit from all the tax breaks and deductions that can be applied to your return.
At TaxScouts we appreciate that tax returns are highly individual. Before you get assigned an accountant we make sure to understand your circumstances and help you build your optimal tax profile.