Capital Gains Tax Advice — Torquay
Capital gains tax in Torquay, handled properly.
Selling a property, disposing of business assets or unwinding an investment triggers a CGT liability that many people discover too late to plan around. Daniel works with Torquay clients to calculate the liability, apply the right reliefs and meet every HMRC deadline — fixed fee, ACCA-qualified, and questions answered the day you ask them.
- Your CGT liability calculated before you complete, not after
- Applicable reliefs identified and applied correctly to your disposal
- 60-day residential property return filed on time, no penalty
- Plain-English explanation of what you owe and why
No long-term contract. If it is not working after three months, you leave with everything filed and nothing owed.
Get a free quote
Fixed pricing. Same-day reply.
What our clients say
★★★★★
Turned Around a Deadline Fast
“Daniel was extremely responsive, clear, and professional throughout. Turnaround was fast, and the work was done thoroughly and accurately.”
★★★★★
Tax Knowledge That Actually Saves Money
“His knowledge in tax law and what can be used for expenses really helped with saving money where I could.”
★★★★★
Explained Everything Meticulously
“Very professional, explaining every detail meticulously in order to finalise our accounts. A huge thank you Daniel.”
★★★★★
Made a Complex Process Clear
“Daniel was very helpful and patient with me when I had no clue what to do and spoke through everything with me and made it clear.”
Sound familiar?
Still not sure what your disposal is going to cost you?
Capital gains tax has a habit of arriving as a surprise — not because the rules are secret, but because most people only look into it after the deal is done. The 60-day reporting window for residential property, the interaction with annual exemptions, business asset disposal relief eligibility: these are not complicated once someone walks you through them, but they are easy to get wrong when you are navigating a sale on your own.
- No clear idea of the CGT liability before contracts are exchanged
- Unsure which reliefs or exemptions apply to your specific disposal
- Missed or at risk of missing the 60-day property reporting deadline
What planned looks like
A CGT calculation done before completion gives you time to structure things sensibly. Reliefs are identified and applied correctly, the HMRC reporting is handled, and you understand exactly what you owe and when it is due.
- Liability calculated in advance so there are no surprises at completion
- Reliefs reviewed against your specific disposal — nothing left on the table
- 60-day residential property return filed correctly and on time
- Fixed fee agreed upfront — you know the cost before you commit
What Torquay clients say about the tax work
From time-sensitive property transactions to complex business disposals, clients come with deadlines and leave with answers. Here is what two of them said.
I worked with Daniel at DG Accountancy to review and sign off my sole trader accounts for a time-sensitive mortgage application, and the service was excellent. Daniel was extremely responsive, clear, and professional throughout. He understood exactly what the lender required, turned everything around very quickly without cutting corners. Communication was straightforward and reassuring, which made a potentially stressful part of the mortgage process much easier. Fees were transparent, turnaround was fast, and the work was done thoroughly and accurately. I wouldn’t hesitate to recommend Daniel to anyone needing reliable accountancy support, particularly where deadlines really matter.
Daniel was very helpful with my books and tax return. He offered great advise and insight in how to manage my books better and more efficiently. His knowledge in tax law and what can be used for expenses really helped with saving money where I could. As a sole trader it’s really hard to keep on top of things and have now asked Dan to do monthly books for me. His rates are extremely good compared to some other accountants out there and I get more for my money.
CGT advice that covers the full picture
From initial calculation through to HMRC filing, the service covers every stage of a disposal — so nothing is left to chance and no deadline is missed.
CGT Calculation and Planning
Your gain is calculated accurately, taking into account acquisition costs, improvement expenditure, selling costs and any applicable exemptions. Where there is planning opportunity — timing a disposal across tax years, for example — that is flagged before you commit, not after. You leave the conversation knowing the number and understanding how it was arrived at.
Core service60-Day Property Disposal Returns
UK residential property disposals must be reported to HMRC and any tax paid within 60 days of completion — a deadline that catches more people out than it should. The return is prepared and filed promptly, with the payment on account calculated so you are not faced with an unexpected penalty. The clock starts at completion, so the sooner you make contact, the better.
Time-critical filingBusiness Asset Disposal Relief Advice
Formerly Entrepreneurs Relief, Business Asset Disposal Relief can reduce the CGT rate to 10% on qualifying business disposals — but the conditions are specific and the lifetime allowance has changed. Eligibility is reviewed against your circumstances before you dispose, so you are not relying on assumptions that turn out to be wrong. If you qualify, the claim is made correctly; if you do not, you will know why.
Specialist relief planningConsistently five stars across very different situations
Clients range from sole traders filing a first return to landlords managing multiple properties. The thread running through every review is the same: clear, fast and accurate.
Professional Service, Never Had to Worry
“Professional service. This company does my accounts every year and i never have to worry about it. Speedy as well. I am a very happy customer.”
Absolutely Recommend for Any Accounts Matter
“Absolutely recommend Daniel for all and any accounts related matter. Would use his expertise again. He is the most amazing person, very professional, explaining every detail meticulously in order to finalise our accounts. A huge thank you Daniel.”
Quick, Efficient and Friendly Throughout
“Excellent service providing financial accounts for probate. Quick, efficient and friendly. Would highly recommend.”
Why clients in Torquay choose Daniel for CGT advice
There are accountants who file returns and accountants who understand the asset behind the return. The difference matters when reliefs are at stake.
Cross-sector asset experience
Daniel has worked across construction, property, manufacturing and entertainment — sectors where asset disposals, business sales and investment exits are part of the landscape. You will not need to explain the background before getting a useful answer. That breadth of experience means the right questions get asked from the start, not discovered halfway through.
Planning before completion, not after
Most CGT problems are easier to manage before contracts are exchanged than after. Daniel’s approach is to calculate the liability and review the reliefs while there is still time to act — not to simply report a number that has already crystallised. A conversation before you commit costs considerably less than a surprise bill after you have.
Plain English on a complex subject
CGT involves annual exemptions, rates that depend on your income, time-based calculations and reliefs with specific eligibility conditions. None of that is straightforwardly simple — but it can be explained clearly. Daniel covers what you owe, why you owe it, and what, if anything, can be done about it, in language that does not require a tax textbook to follow.
Up and running in four straightforward steps
Most clients are fully onboarded within a week. The process is designed to require as little from you as possible at the start.
Book a free discovery call
A short conversation about your disposal, your current situation and what you need from the advice. No commitment required. You will leave the call with a clear sense of whether Daniel can help and what the next step looks like.
Receive your fixed-fee quote
A written quote is prepared based on your specific circumstances — the type of disposal, the complexity of the reliefs involved and any filing deadlines. Everything is agreed upfront, so there are no billing surprises.
Provide the supporting information
Daniel will tell you exactly what documents and figures are needed. For most disposals that is acquisition paperwork, completion statements and a summary of any improvement costs. You collect it; Daniel does the rest.
Filed, confirmed, done
The CGT calculation is completed, any HMRC return is filed and you receive a clear summary of what was reported and what is owed. You know exactly where you stand — which is, frankly, the way it should be.
“Huge thanks to Daniel for helping ourselves with our taxes! Being self employed means we all have to do this ourselves which is just not possible on top of our work load. Thanks again! We will be using you again!”
Common questions about CGT advice in Torquay
Does the 60-day reporting rule apply to every property sale?
The 60-day reporting requirement applies to UK residential property disposals where a CGT liability arises — it does not apply to your main home if it qualifies for Private Residence Relief, or to disposals where no gain is chargeable. The clock runs from the date of completion, not exchange, and the penalty for a late return starts immediately after the deadline. If you are unsure whether your disposal triggers the requirement, the sensible move is to check before completion rather than after.
What does CGT advice from DG Accountancy cost?
Fees are fixed and agreed in writing before any work begins, based on the type of disposal and the complexity involved. A straightforward residential property disposal with a single ownership period is considerably simpler to calculate than a mixed-use property held through a company, and the fee reflects that. There are no hourly rates and no invoices for questions asked along the way. Contact us for a quote based on your specific situation.
I completed a disposal months ago and have not reported it yet. Is it too late?
It is not too late, but it is worth addressing promptly. For residential property, HMRC can issue late filing penalties from the day after the 60-day deadline, and interest runs on any unpaid tax from the due date. A voluntary disclosure made now is treated more favourably than one prompted by an HMRC enquiry. Daniel can calculate the liability, prepare the return and submit it with a covering explanation of the delay — straightforward in most cases.
Is there a long-term commitment if I only need CGT advice for a single disposal?
No. One-off advisory and filing work is available with no ongoing contract requirement. If you decide you would like regular accounting support after the disposal is dealt with, that conversation can happen separately. The fee for the CGT work is agreed upfront, paid on completion, and that is the full commitment.
I think I might qualify for Business Asset Disposal Relief. How do I know for certain?
Business Asset Disposal Relief requires you to have been a director or employee of the company, held at least 5% of the ordinary shares and voting rights, and met those conditions for at least two years before the disposal. There is also a lifetime limit of £1 million of qualifying gains. The rules have tightened over recent years, and eligibility depends on the specific facts of your shareholding and your role. Daniel reviews the conditions against your circumstances before the disposal completes — not as an afterthought on the tax return.
Do I need to report a CGT disposal on my Self Assessment return as well as the 60-day return?
Yes. Where you have filed a 60-day residential property return, the disposal still needs to be included on your annual Self Assessment return for the relevant tax year. Any tax already paid through the 60-day return is credited against the Self Assessment liability, so there is no double payment — but the reporting obligation exists in both places. Daniel handles both filings as part of the same engagement, so nothing falls through the gap.
Sort your capital gains tax before the deadline.
Fixed fee agreed upfront, ACCA-qualified advice, and questions answered the day you ask them. Get a quote based on your specific disposal — no commitment required.