ICAEW.com works better with JavaScript enabled.

Capital gains tax - articles

Features and articles from ICAEW related to capital gains tax (CGT) in the UK personal tax regime.

Displaying 1-30 of 78 results
Exclusive TAX FACULTY Ten tax changes taking effect from April 2025
  • Feb 2025
  • ICAEW
  • Taxline
ICAEW’s Tax Faculty picks out 10 important changes applying from 1 April 2025 for companies and 6 April 2025 for individuals and unincorporated businesses.
INSIGHTS VIEWPOINT Employee ownership trusts: the tax benefits
  • Feb 2025
  • ICAEW Insights
While not the primary reason for their creation, employee ownership trusts offer significant tax benefits for existing shareholders and employees alike, as Nick Wright explains.
INSIGHTS VIEWPOINT HMRC will not accept some in-year trust and estate tax returns
  • Feb 2025
  • ICAEW Insights
Due to the change in the rate of capital gains tax (CGT) from 30 October 2024, trustees and personal representatives (PRs) may need to wait until after the end of the tax year to submit 2024/25 tax returns.
Exclusive TAX FACULTY EIS: Stuck in the mud?
  • Feb 2025
  • ICAEW
  • Taxline
Stuart Rogers and Kate Culley highlight issues with HMRC’s current approach to reviewing applications for enterprise investment scheme advance assurance.
Exclusive TAX FACULTY Investors’ relief: stepping out of the shadows
  • Feb 2025
  • ICAEW
  • Taxline
Although not as well known as business asset disposal relief, investors’ relief is just as generous and just as challenging. Stephen Relf and Katherine Ford explain why.
INSIGHTS VIEWPOINT Taxing cryptoassets: what you need to know
  • Jan 2025
  • ICAEW Insights
While there is currently no such thing as a ‘crypto tax’, this does not mean that tax does not apply to these intangible (and mysterious) assets. We look at how the tax rules apply to cryptoassets.
TAX FACULTY Tax news in brief 18 December 2024
  • Dec 2024
  • ICAEW Insights
Highlights from the broader tax news for the week ending 18 December 2024, including: HMRC campaigns relating to capital gains tax (CGT) reliefs; an update to the list of shares of negligible value; and a date for the diary for 2025.
INSIGHTS VIEWPOINT ICAEW comments on Finance Bill 2024-25
  • Dec 2024
  • ICAEW Insights
ICAEW’s Tax Faculty monitors the progress of Finance Bill 2024-25 and sets out its concerns regarding some aspects of the legislation, including the impact of the mid-year changes to rates of capital gains tax (CGT) on tax returns.
INSIGHTS VIEWPOINT Guidance on making claims for foreign tax credit relief
  • Dec 2024
  • ICAEW Insights
HMRC is writing to taxpayers who claimed relief for foreign tax paid on employment or other income in their self assessment return for 2022/23 and may be considering making a similar claim for 2023/24.
Exclusive TAX FACULTY An introduction to employee ownership trusts
  • Dec 2024
  • Nick Wright
  • Taxline
The sale of a company to an employee ownership trust (EOT) is becoming more popular. In the first of two articles on EOTs, Nick Wright explains why this may be the case and how an EOT could be used.
Exclusive TAX FACULTY The tax benefits of employee ownership trusts
  • Dec 2024
  • Nick Wright
  • Taxline
In the second of two articles on employee ownership trusts (EOTs), Nick Wright explores the capital gains tax exemption for the shareholders of the trading company and the income tax exemption for employees receiving bonuses.
INSIGHTS VIEWPOINT HMRC provides further guidance on FHL abolition
  • Nov 2024
  • ICAEW Insights
HMRC has published guidance to clarify issues raised during the consultation on the draft legislation to abolish tax rules for furnished holiday lets (FHLs).
Exclusive FARMING AND RURAL BUSINESS COMMUNITY Furnished holiday let reform – the last gasp from the March 2024 Budget!
  • Nov 2024
  • David Missen
  • Farming and Rural Business Community News
The recently published details of forthcoming reforms to the tax treatment of Furnished Holiday Lettings (FHL) income, which were initially announced in the 2024 Budget but omitted from the Finance Bill, signal significant changes effective from the end of the 2024/5 tax year. These reforms, which were announced on 30 July, were confirmed as part of the 2024 Budget package.
INSIGHTS VIEWPOINT TECHNICAL ROUND UP Technical round-up: October 2024
  • Oct 2024
  • ICAEW Insights
This month’s top stories feature eight Budget updates covered by ICAEW’s Tax Faculty, a list of software products that are now ready for MTD ITSA, and new VAT guidance for private schools.
INSIGHTS VIEWPOINT Budget 2024 verdict: big and bold, but borne by business
  • Oct 2024
  • ICAEW Insights
Chancellor Rachel Reeves focused on delivering economic stability with her wide-ranging first Budget – but short-term tax raising measures worth £40bn fall primarily on the shoulders of business.
INSIGHTS VIEWPOINT Government publishes its plans for corporation tax
  • Oct 2024
  • ICAEW Insights
The government has set out its intentions for corporation tax for the next five years, delivering on its commitment to publish a business tax roadmap at the Autumn Budget.
INSIGHTS VIEWPOINT CGT and SDLT rates increased in Budget
  • Oct 2024
  • ICAEW Insights
From 30 October 2024, the main rates of capital gains tax (CGT) will be increased to 18% and 24%. The 10% rate of CGT for disposals attracting business asset disposal relief (BADR) will increase to 14% (from April 2025) and to 18% (from April 2026).
Exclusive TAX FACULTY Cryptoassets: international tax issues
  • Oct 2024
  • Dion Seymour, James Carn and Yuri Hamano
  • Taxline
In the second of a series of articles on cryptoassets, members of ICAEW’s digital assets working party explain the key international tax considerations for individuals holding cryptoassets and for cryptoasset businesses.
INSIGHTS VIEWPOINT Need to know: CGT on residential properties
  • Jul 2024
  • ICAEW Insights
Reductions in the tax-free amount mean more taxpayers will find themselves caught in the capital gains tax net. We look at the issues to be aware of, including 60-day reporting and recent developments relating to principal private residence relief.
Exclusive TAX FACULTY CGT on residential properties – an update
  • Jul 2024
  • Gillian Banks
  • Taxline
More taxpayers will find themselves caught in the capital gains tax net due to reductions in the tax-free amount. Gillian Banks looks at the demands of 60-day reporting and provides an update on recent developments relating to principal private residence relief.
Exclusive TAX FACULTY Working out the date of disposal isn’t always child’s play
  • Apr 2024
  • Stephen Relf
  • Taxline
How do you determine when an asset was sold when there is no formal documentation? Stephen Relf looks at a recent tax case where the First-tier Tribunal had to do just that.
INSIGHTS VIEWPOINT Consider using the real-time CGT service to report gains
  • Apr 2024
  • ICAEW Insights
ICAEW’s Tax Faculty is reminding taxpayers that HMRC's real-time service can be used to report capital gains outside of self assessment, including gains on cryptoassets.
Tax news in brief 17 April 2024
  • Apr 2024
Highlights from the broader tax news for the week ending 17 April 2024, including: how Labour intends to close the tax gap; a change to the form for reporting a residential property gain; and new HMRC guidance for employers on giving foreign tax relief.
VALUATION COMMUNITY The joy of giving
  • Apr 2024
  • Andrew Strickland
  • Valuation Community Newsletter
There have been several cases heard in the Tax Tribunal relating to the values to be ascribed to shares in small public companies that have been gifted to charity. These companies have normally been launched onto the AIM market or the Channel Islands Stock Exchange (CISX) relatively shortly before the gifts are made. Examples of such cases in the public domain include N Green and HMRC (Chartersea plc), J Netley and HMRC (Frenkel Topping Group plc), McArthur and Anor and HMRC (Baa Bar Group plc), Nice, Robinson and HMRC (Mount York) and Close, Nuttall and HMRC (Readybuy plc). These cases cover ...
CORPORATE FINANCE FACULTY Insight: employee ownership trusts
  • Apr 2024
  • David Prosser
  • Corporate Financier
Will the growing enthusiasm for employee ownership trusts be damped down by new legislation? David Prosser reports on the hopes and fears of those in the know.
Exclusive CONSTRUCTION AND REAL ESTATE COMMUNITY Building Back Better? Not yet!
  • Mar 2024
  • Ros Rowe
Ros Rowe, Subject Matter Expert for the Construction & Real Estate Community offers a personal view on what the Spring Budget means for housing and construction.
INSIGHTS VIEWPOINT Chancellor abolishes furnished holiday lets treatment and announces stamp duty land tax changes
  • Mar 2024
  • ICAEW Insights
From April 2025, taxpayers will no longer be able to treat their property business as a furnished holiday let (FHL). Stamp duty land tax multiple dwelling relief (SDLT MDR) will be abolished from 1 June 2024.
INSIGHTS VIEWPOINT Non-dom regime replaced by foreign income and gains regime
  • Mar 2024
  • ICAEW Insights
In the Spring Budget, the Chancellor announced that the current remittance basis of taxation will be abolished for UK resident non-domiciled individuals from 6 April 2025 and replaced by a new four-year foreign income and gains (FIG) regime.
FACULTIES ONLINE TAX FACULTY TAX NEWS HMRC prompts disclosure of CGT liability on sale of shares
  • Feb 2024
  • ICAEW
HMRC has written to taxpayers who may have sold shares and failed to include the disposal on their tax return.
FACULTIES ONLINE TAX FACULTY TAX NEWS Government consults on tax simplification for alternative finance
  • Jan 2024
  • ICAEW
The government has proposed changing the capital gains tax (CGT) rules to ensure that alternative finance arrangements are taxed in the same way as other arrangements.
Displaying 1-30 of 78 results
Latest news

The latest news about the UK's tax system brought to you by ICAEW's Tax Faculty.

TAXconnect

Search for a consultant to help you with a specific technical tax problem. TAXconnect works on a telephone ‘hotline’ system, whereby consultants offer advice to fellow Tax Faculty members on tax problems for a nominal fee.

Get help
Mobile phone

Join the Tax Faculty

The Tax Faculty offers expert guidance and support enabling you to provide the best advice on tax legislation to your clients or business. We offer clear direction in taxing times.

Tax