How capital gains are linked with Income Tax

by | May 7, 2026 | Capital Gains Tax

How capital gains are linked with Income Tax is important to understand as your overall income position affects the Capital Gains Tax (CGT) rate you pay. CGT interacts directly with your Income Tax band. Your taxable income is first calculated after deducting your...

Gifts to a spouse or civil partner

by | Apr 30, 2026 | Capital Gains Tax

Transfers of assets between spouses or civil partners are usually free from Capital Gains Tax (CGT). When you give or sell an asset to your spouse or civil partner, it is treated as a disposal for CGT purposes, but on a ‘no gain, no loss’ basis. This means...

When is CGT payable on gains during 2026-27

by | Apr 23, 2026 | Capital Gains Tax

For most capital gains realised in the 2026–27 tax year, Capital Gains Tax (CGT) is reported and paid by 31 January 2028 via the self-assessment system. This applies to gains on assets such as shares, investments and commercial property. However, UK residential...

Tax relief when incorporating a business

by | Apr 16, 2026 | Capital Gains Tax

When a sole trader or partnership transfers a business to a company, a chargeable gain may arise. This is calculated by reference to the market value of the business assets at the date of incorporation (including goodwill), compared with their original base cost. The...