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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.
07 Oct 2025
Chancellor Rachel Reeves has been urged to cut National Insurance contributions (NICs) and increase Income Tax to create a 'level playing field' and protect workers' pay.
The government's Budget Board must focus on easing the cost of doing business, says the Institute of Directors (IoD).