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Tax when selling overseas property

Tax when selling overseas property

by support@informanagement.co.uk | Jun 11, 2026 | Capital Gains Tax

UK residents are generally liable to Capital Gains Tax (CGT) when they dispose of overseas property at a gain. A disposal includes selling, gifting, or otherwise transferring ownership of a property located outside the UK. CGT is chargeable on the profit made on the...
Can you claim Business Asset Disposal Relief

Can you claim Business Asset Disposal Relief

by support@informanagement.co.uk | May 21, 2026 | Capital Gains Tax

Business Asset Disposal Relief (BADR) applies to the sale of a business, shares in a trading company, or an individual’s interest in a trading partnership. When this relief is available, a reduced 18% rate (2026-27) of Capital Gains Tax (CGT) applies.  To...
Tax effects of living away from your home

Tax effects of living away from your home

by support@informanagement.co.uk | May 14, 2026 | Capital Gains Tax

Many homeowners assume that if a property has been their main residence at some point, any gain made on sale will automatically be free from Capital Gains Tax (CGT). Whilst in many cases, this is correct there are exceptions. For example, periods spent living away...
How capital gains are linked with Income Tax

How capital gains are linked with Income Tax

by support@informanagement.co.uk | 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

Gifts to a spouse or civil partner

by support@informanagement.co.uk | 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

When is CGT payable on gains during 2026-27

by support@informanagement.co.uk | 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...
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