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We can assist you in ensuring your Capital Gain is reported on time to HMRC.
If you are exploring potential sales of property or any other capital assets you may hold, we can advise on ways of cutting your tax bill.
If you sell a property (and it’s not your main home) you normally have to pay Capital Gains Tax on any gain you make.
These days the taxman only gives you 60 days from the sale date to calculate, report and pay CGT to the taxman. If you don’t hit the deadline, you can get slapped with both penalties and interest!
At Cornfield Accountants we can assist you in ensuring your Capital Gain is reported on time to HMRC.
09 Jun 2025
HMRC has launched a new online interactive tool to help guide both businesses and individuals through tax compliance checks.
Almost 300,000 people filed their tax return in the first week of the new tax year, setting a new record, HMRC has revealed.