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The tax paid on the profit of selling or disposing an asset, which increases the value or capital, is referred to as capital gain tax. It is the gain made that’s taxed, and not the amount of money received. For example, Ben purchases an asset worth £5,000 and sold it later for £20,000. Thus, the gain made is difference between the selling price and purchase price i.e. £15,000. However, some assets are tax-free and an individual doesn’t have to pay capital gains tax. This applies if all the gains within a year are under the tax-free allowance limit. Disposing an asset includes – selling it, giving the asset as a gift, or transferring the asset to someone else or receiving reimbursement for it.
Our expert business team is always available to answer your
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Our team comprises Chartered Tax Advisers with many years’ experience in the industry, former property lawyers, accountants, and financial advisers. you can be assured that our advice comes with the best available seal of quality and expertise. Give us a call today on 020 3500 2646 to speak to our advisors, we'll find the right accounts & tax solution for you.
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I am writing this email as a token of appreciation for Manish Garg, who is our lead accountant for the past...Read more
We work with DNS Associates for 4 years now and we always had a feeling that our problems and questions are top...Read more
DNS Associates provides cost effective and very professional services. My accountant Sneha Gurudutta has been...Read more
Very professional and efficient team. I will highly recommended to all small or big business owners...Read more
I’m a new client and Debangshu Sarkar has been reliable, timely and informative to date. Very impressed...Read more
Excellent services, my account manager Amit Gupta always there for me, excellent work on time and take...Read more
I recently starteed my own company and in need of a good accountant. With my friends reference, I started...Read more
I have been using DNS Services over a year from setting up my company till date. They are extremely professional...Read more
We use wide variety of softwares to manage your accounting and bookkeeping.
Consult our chartered tax advisor. Whether you’re a buy-to-let landlord, individual landlord, corporate landlord, property dealer, estate management, non resident investors, or a second home owner, we have packages and services to suit your every landlord and property need.
dns property tax services
Pacific House, 382 Kenton Road,
Harrow, Middlesex, HA3 8DP