Property Profit and CGT Calculator


If you hold your properties in your own name then this simple calculator will show the profit you have made on your property and upon which capital gains tax may be due.

Purchase Details
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£ 
£ 
£ 
Total £ 

Capital Costs
£ 

Selling Costs
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£ 
£ 
£ 
Total £ 

Results
Taxable Gross Profit* £ 


* You could be liable to pay tax at up to 40% on the Taxable Gross Profit of £0.00. This means that you could have a tax liability as much as £0.00.

FIVE tips to help reduce your tax liability:

1. If the property is your main residence then there will be no tax due
2. Consider making the property your Principle Private residence (PPR) to receive generous tax breaks
3. Consider selling the property in a tax year when you can use your full annual CGT allowance (£8,200 for 2004-2005)
4. If property is in husband and wife ownership then consider switching greater share of the property to lower rate tax payer
5. Consider disposing of other loss making assets i.e. poor performing shares in the same tax year if you have made losses

Still want to learn how to legitimately reduce your tax liability further then consider the following:

Pay Less Property Tax - Our unique guide will show you numerous ways to help reduce or even wipe-out your tax liability
Property Tax Calculator for Landlords - This smart and easy to use software will give you a detailed tax calculation breakdown of any tax due
Consultancy Service - Our personal one-to-one service will give you all the tax advice and guidance required to help reduce your liability

Please Note: The calculator is a simplified version and does not take into account taper relief, annual exemption, indexation until April 1998 or any other relief.