Capital taxes

This group of factsheets covers taxes on the disposal, generally by way of sale, of capital assets and the taxes due on death.

Capital gains tax

A capital gain arises when certain capital assets are sold at a profit. We consider the taxation of gains and outline the reliefs available.

Capital gains tax and the family home

We consider whether any tax is due on the sale of the family home and the availability of principal private residence and other reliefs.

Inheritance tax - a summary

Inheritance tax (IHT) is levied on a person’s estate when they die and on certain gifts made during an individual's lifetime. We set out the principles.

Inheritance tax avoidance - pre-owned assets

We consider the Pre-Owned Assets rules, along with the rules for determining the income tax charge levied on the previous owner of an asset.

Land and Building Transaction Tax

Land and Buildings Transaction Tax (LBTT) is payable by the purchaser in a land transaction which occurs in Scotland. This factsheet summarises the rates of LBTT which apply.

Land Transaction Tax

Land Transaction Tax (LTT) is payable by the purchaser in a land transaction which occurs in Wales. This factsheet considers the key principles and requirements.

We look at the key areas to consider for the purchaser in a land transaction, whether this is buying a house or creating a lease or assigning a lease, a purchaser is required to pay Stamp Duty Land Tax (SDLT).

Trusts

We consider the basic principles of Trusts, looking at what they are, along with a range of anti-avoidance measures aimed at preventing exploitation of potential tax benefits.

The Latest News

05 Aug 2025

HMRC launches online PAYE service

HMRC has launched a new online PAYE service, which it says will give 35 million workers more control over their tax affairs.

05 Aug 2025

Time for taxpayers to get ready for Making Tax Digital for Income Tax

Self-employed taxpayers and landlords should file their 2024/25 tax return early to find out if Making Tax Digital (MTD) will apply to them from next April, says the Low Incomes Tax Reform Group (LITRG).

05 Aug 2025

HMRC sends side hustle warning

HMRC is warning those earning extra income through a side hustle to check if they need to register for self assessment and file a tax return.

Areas we cover

Bexleyheath
Crayford
Sidcup
Swanley
Gravesend

Greenhithe
Ebbsfleet
Wilmington
Longfield
Belvedere

Erith
Orpington
Bromley
Welling
Chislehurst

Sevenoaks
West Kingsdown
Barnehurst
Thamesmead
Rochester

Accessibility links

Capital taxes

The Latest News

HMRC launches online PAYE service

Time for taxpayers to get ready for Making Tax Digital for Income Tax

HMRC sends side hustle warning

Areas we cover