Capital Gain Tax is a tax on the profit when you sell an asset that has increased in value, e.g. land, buildings, painting, shares, business or chattles, etc.
Capital Gain tax from an individual is usually reported through self assessment tax return unless it is from selling residential properties in the UK, the reporting day is limited within 60 days after the completion date. To avoiding missing out the deadline, please speak to our tax advisor for further information.