Capital gains tax

Overview

Capital gains tax (CGT) is a tax charged on the capital gain or profit, made on the disposal of any asset. At first glance, this sounds straightforward. However, there can be a minefield of complexities to navigate through, not to mention numerous compliance obligations to fulfil.

This course provides an overview of what CGT is, what rates can be charged, and when, as well as exemptions, computations and reliefs. The course outlines the procedures behind CGT self-assessment, how to make sure you are compliant and the penalties issued if something goes wrong.

This course will enable you to:

• understand capital gains tax (CGT) and the rates that are currently charged
• calculate chargeable gains and learn about the CGT reliefs available
• know how and when gains should be reported to HMRC, along with the associated deadlines and tax payment dates
• advise on additional compliance and reporting, as well as HMRC’s penalty regime.

Key information:

• learn at your own pace
• help meet your annual CPD requirements
• exclusive member benefit – 10% discount
• iPad/Android compatible.

Helping accountants grow

Disclaimer: This course is available for ACCA members, you may need your ACCA membership number to complete your booking. This course and outline is provided by a third-party course provider. All course bookings are subject to the terms and conditions set by the course provider. Please see individual supplier pages for full terms and conditions. ACCA takes no liability for bookings made with third-party suppliers.