top of page
  • Writer's pictureMAZ

How Much Do Accountants Charge for Capital Gains Tax in the UK?

Capital Gains Tax (CGT) is a tax levied on the profit made from selling an asset that has increased in value. In the UK, the tax applies to various types of assets, including property, shares, and businesses. While the basic principles of CGT are straightforward, the actual calculation and planning can be complex, often requiring the expertise of an accountant. This article explores how much accountants typically charge for handling Capital Gains Tax issues in the UK.

How Much Do Accountants Charge for Capital Gains Tax in the UK

What is Capital Gains Tax?

Capital Gains Tax is a tax on the profit you make when you sell an asset that has increased in value. For example, if you bought a painting for £5,000 and later sold it for £25,000, you would have a capital gain of £20,000 (£25,000 - £5,000). The tax is applied to the gain, not the total amount you receive from the sale. Some assets are tax-free, and you also have a tax-free allowance, below which you don't have to pay any CGT. For the 2022/23 tax year, the personal Capital Gains Tax allowance is £6,000, reduced from the previous year's £12,300 Source.

Factors Affecting Accountant Fees

The cost of hiring an accountant for Capital Gains Tax advice can vary based on several factors:

Complexity of the Case

The more complex your financial situation, the higher the fee you can expect to pay. For example, if you have multiple properties or a diverse portfolio of shares, the accountant will need to spend more time on your case.

Geographic Location

Accountants in larger cities or financial hubs like London may charge higher fees compared to those in smaller towns.

Level of Expertise

Specialist tax advisors with extensive experience in capital gains tax issues are likely to charge more for their services.

Typical Charges

According to average accountant’s fee in the UK for Capital Gains services, the charges for Capital Gains Tax advice can range from £100 to £350 + VAT for basic services. Some accountants charge extra for more complex cases or for additional meetings. For example, if you're looking to mitigate your CGT liability, the fee could be much higher Source.

Value-Based Pricing

Some accountants use a value-based pricing model, where the fee is determined by the value of the service provided. If the accountant can help you save a significant amount in taxes, they may charge a premium fee.

Understanding the cost structure for Capital Gains Tax advice can help you make an informed decision when hiring an accountant. While the fees can vary, it's crucial to consider the value and expertise the accountant brings to your financial planning.

Note: The information provided is based on available data as of September 2023 and may be subject to change. Always consult with a qualified accountant for the most current and personalized advice.

How Much Do Accountants Charge for Different Capital Gains Tax Situations in the UK?

Different Scenarios for Capital Gains Tax

Capital Gains Tax (CGT) in the UK can be a complex affair, especially when you consider the different scenarios that can trigger this tax. These scenarios can range from selling a second home to transferring business assets. The complexity often necessitates the services of an accountant to navigate the tax implications effectively. But how much do accountants charge for different Capital Gains Tax situations? Let's delve into this.

Personal vs. Business Capital Gains

Firstly, it's essential to understand that personal and business capital gains are treated differently. Personal capital gains, such as those on privately-owned shares, are subject to Capital Gains Tax. In contrast, business gains made by a company are subject to corporation tax as chargeable gains.

Common Scenarios

According to Alexander & Co, some of the common scenarios that accountants deal with include:

  • Assisting property investors looking to sell buy-to-let property

  • Transferring properties to family members in a tax-efficient way

  • Advising on Shares and Capital Gains Tax

  • Capital Gains Tax advice for trusts and non-UK residents

  • Offsetting Capital Gains Tax losses

Pricing Models

Hourly Rates

Some accountants charge by the hour, and the rates can vary depending on the complexity of the case. For basic compliance work, the charge could be around £100 to £150.

Value-Based Pricing

In some instances, accountants use a value-based pricing model. This means the fee is determined by the value of the service provided, especially if the accountant can help you save a significant amount in taxes.

Fixed Fees

For straightforward cases, some accountants offer fixed fees. These are usually for scenarios that don't require extensive research or multiple meetings.

How Much Do Accountants Charge for Different Capital Gains Tax Situations in the UK

Table: Accountant Charges for Different CGT Scenarios (Some accountants may add + VAT to these fees).


​Average Cost

​Additional Notes

​Selling a second home

​£250 - £350

​May include additional fees for mitigating tax liability

​Transferring properties to family

​£200 - £300

​Tax-efficient strategies could incur extra charges

​Advising on shares

​£150 - £250

​Complexity could drive the price up

​Trusts and non-UK residents

​£300 - £500

​Specialized advice often costs more

​Offsetting CGT losses

​£100 - £200

​Basic calculations and advice

Additional Costs

It's worth noting that additional meetings and complex calculations can add to the overall cost. For example, if you're looking to mitigate your CGT liability, the fee could be much higher.

Final Thoughts

The cost of hiring an accountant for different Capital Gains Tax situations in the UK can vary widely. It's influenced by several factors, including the complexity of your case, the accountant's pricing model, and any additional services you may require. Therefore, it's crucial to discuss your specific needs with an accountant to get an accurate quote.

Why My Tax Accountant are the Most Professional, Experienced and yet Affordable Capital Gains Tax Accountants in the UK?

Unmatched Expertise

My Tax Accountant is a leading online personal tax accountant in the UK, specializing in Capital Gains Tax services. Their team of experienced accountants is well-versed in UK tax law, with a deep understanding of allowances, exemptions, and reliefs available to UK tax residents. This expertise enables them to handle any complexities in your case, ensuring that you are fully compliant with HMRC regulations.

Comprehensive Services

What sets My Tax Accountant apart is their all-encompassing approach to Capital Gains Tax. They don't just calculate your tax liability; they act as your dedicated tax advisor. Their comprehensive service includes planning strategies to optimize future sales of assets, advising on the best time for asset disposal, and ways to utilize allowances to reduce your tax liability. This proactive planning ensures that you are not just compliant but also tax-efficient.

Customer-Centric Approach

My Tax Accountant prioritizes understanding each client's unique situation and needs. This enables them to provide tailored tax solutions that are truly beneficial for the client. They take the time to explain your Capital Gains Tax obligations in a clear and straightforward manner, avoiding jargon, and ensuring you feel confident in your tax affairs.

Transparency and Clear Communication

Transparency is a cornerstone of My Tax Accountant's service. They make their fees clear from the start and explain your tax situation without resorting to jargon. This transparent approach builds trust and ensures that you are never in the dark about your tax affairs.

Digital Convenience

As a top online personal tax accountant in the UK, My Tax Accountant allows you to handle all your tax matters conveniently from the comfort of your home or office. This digital convenience is especially beneficial in today's fast-paced world, where time is of the essence.

Accuracy and Compliance

My Tax Accountant's rigorous approach ensures the accurate calculation of your Capital Gains Tax while adhering strictly to HMRC regulations. This dual focus on accuracy and compliance gives you peace of mind, knowing that your tax affairs are in safe hands.

Online Services

One of the standout features of My Tax Accountant is their fully online service model, which plays a significant role in their affordability. By operating online, they eliminate the overhead costs associated with traditional brick-and-mortar offices, such as rent and utilities. This cost-saving is passed directly to the clients in the form of lower fees for their comprehensive range of services, including Capital Gains Tax. The online model not only offers convenience but also allows My Tax Accountant to maintain a lean operation, focusing resources on expertise and customer service, all while charging competitively low fees.

24/7 Support

Customer support is available around the clock to answer your queries and provide assistance. Whether you have a question about your tax liability or need advice on asset disposal, you can count on My Tax Accountant for timely and accurate responses.

Security and Confidentiality

High-grade security measures are implemented to protect your data, ensuring all your dealings with My Tax Accountant remain confidential. This commitment to security adds an extra layer of trust to their already stellar reputation.

Trustworthy and Reliable

My Tax Accountant has earned a solid reputation as the go-to Capital Gains Tax Accountant in the UK due to their unwavering commitment to customer satisfaction, reliability, and trustworthiness. Their testimonials speak volumes about their professionalism and expertise.


Despite offering a premium service, My Tax Accountant's pricing is competitive. They provide a personalized quote based on your individual circumstances and the complexity of your case, ensuring that you get value for your money.

In summary, My Tax Accountant stands out as the most professional, experienced, and yet affordable Capital Gains Tax Accountant in the UK. Their comprehensive services, customer-centric approach, and commitment to transparency and accuracy make them the ideal choice for anyone seeking expert advice on Capital Gains Tax. Experience the My Tax Accountant difference today.

763 views0 comments


bottom of page