Tax Accountant in Surrey

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Main residence tax relief changes from April 2020

Main residence CGT from 2020

There are two allowances that will be changing from April 2020 onwards. These only affect people who have taxable gains on their main residence.

1) Lettings relief – this is an additional relief available (up to a limit of £40,000) to those who have lived in a property as their main residence that is being sold and has also been let. From April 2020 the relief will only be available to those who are in shared occupancy with a tenant.

2) Final period exemption – at present, the final 18 months of ownership is always taken to be exempt irrespective of the actual situation. From April 2020, this is reduced to 9 months in the calculations. (The original intention of the relief was to exempt gains during the period while people sold a property after already moving into a new one.)

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Accountant in Surrey

Are you looking for a personal tax specialist?

I built up my tax experience in industry and practice over 17 years before founding my own practice in 2006.

Based in Cobham, Surrey I can also help clients throughout the UK.

  

My goal is to make personal tax and accounts for the self-employed as easy as possible for clients

 

Award-winning Accountant

Small Business Saturday is the UK's most successful small business campaign. Only one hundred of the UK’s top small businesses are selected each year for the SBS100. They act as trail-blazers in the official count-down towards the annual event.

I was one of the alumni from the 2014 Small Business Saturday 100, resulting in two visits to Downing Street.

In the Surrey Digital Awards from 2015 - 2018, I was also the winner of several top awards.

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