Exchange is approaching
You want an estimate of tax and cash before committing to a sale or gift.
Landlords · Property disposals
Calculate the gain from the property’s full history, then meet the right reporting deadline.
We reconstruct base cost, ownership, use and enhancement expenditure, test available reliefs and prepare the separate UK property return where required, rather than waiting for Self Assessment to reveal a missed deadline.
- FCCA & CTA expertise
- Experience at BDO & KPMG
- Responses in hours, not days
- Fees agreed upfront
Expert perspective
The completion statement is the end of the story, not the start of the calculation.
Property gains depend on more than sale price less purchase price. Acquisition and disposal costs, capital improvements, periods of occupation, elections, ownership changes and previous valuations can all affect the result.
Most taxable disposals of UK residential property need a separate report and payment on account shortly after completion. Self Assessment may also be required, and the final liability can change when the year’s full income and losses are known.
UA Tax builds a dated property history, records assumptions and identifies missing evidence early. We calculate the gain, explain the relief position and coordinate the immediate return with the annual tax return so the same disposal is reported consistently.
When this matters
Recognise the point at which advice adds value
The best result usually comes from reviewing the position before documents are signed, money moves or a filing deadline becomes urgent.
The property was once your home
Periods of residence, absence, letting or nomination may affect Private Residence Relief.
Records are incomplete
The property was acquired long ago, inherited or improved in stages and key invoices or valuations need reconstructing.
The owner lives abroad or has died
Non-resident and estate reporting rules may apply, with different valuation dates and filing responsibilities.
The technical review
The areas we bring into one review
Good advice connects the tax analysis to the records, legal steps, cash position and longer-term objective.
Disposal event
Sale, gift, transfer, part disposal or compulsory acquisition, including the tax date and market-value rules.
Base cost
Purchase price or relevant valuation, SDLT, legal costs and ownership changes supported by completion records.
Enhancement expenditure
Capital work reflected in the asset at disposal, distinguished from repairs already deducted against rental income.
Residence relief
Actual occupation, permitted absences, final period, nominations, business use and letting history mapped to evidence.
Losses and ownership
Capital losses, jointly held interests, spouse transfers, trust or estate ownership and each taxpayer’s separate computation.
Reporting
UK property return, payment on account, Self Assessment disclosure and later adjustment when the final annual rate is known.
What changes the answer
A property gain is a timeline expressed in numbers.
The quality of the computation depends on establishing who owned the interest, how it was used and what changed its value.
- 01What exactly was disposed of, by whom and on which date for tax purposes?
- 02Which historic costs remain capital and can be supported by invoices, contracts or other evidence?
- 03For which periods was the property genuinely occupied as the owner’s only or main residence?
- 04Is a separate UK property return required and how will the estimate be reconciled on the annual return?
How UA Tax works
A clear route from question to implementation
You will know what we need, what we will deliver and which decisions remain yours.
Define the decision
We clarify what you need to achieve, the deadline and the commercial constraints before considering tax treatments.
Establish the facts
We review the records, ownership, prior filings and relevant transactions so the advice starts from reliable information.
Compare the routes
You receive a clear explanation of the viable options, their tax effects, practical risks and implementation sequence.
Implement and document
Once scope and fees are agreed, we coordinate the filings, elections, clearances and other advisers needed to complete the work.
Questions worth asking
Frequently asked questions
When is the 60-day property reporting deadline relevant?
Most disposals of UK residential property that create CGT must be reported and paid within 60 days of completion. Exceptions and special cases exist, so the reporting requirement should be checked for each owner.
Can renovation costs reduce the gain?
Capital enhancement expenditure may qualify if it is reflected in the property at disposal and has not already been deducted. Routine repairs, finance costs and the owner’s own labour generally require different treatment.
Does living in a property once make the whole gain exempt?
No. Private Residence Relief is based on qualifying periods and circumstances. Genuine occupation, intention, absences, other homes and letting history all matter.
What if I no longer have the purchase file?
We can help reconstruct costs from Land Registry information, bank records, solicitor archives and other evidence. Estimates must be reasonable, disclosed appropriately and should not replace obtainable records.
Is CGT due when property is gifted to family?
A gift can be a disposal at market value even if no cash changes hands. Spouse rules and certain hold-over reliefs may apply, but SDLT and inheritance tax may also need review.
How is an inherited property’s cost established?
The beneficiary will normally use the probate value allocated to the property, adjusted for later qualifying costs. If the estate sells, the estate’s own tax position and reporting responsibilities apply.
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Related advice
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