Property Tax: Property Capital Gains Tax Calculator

Property Capital Gains Tax Calculator by Carl Bayley BSc ACA

Overview of the Property Capital Gains Tax Calculator

This unique and intuitive program takes most of the work out of your property capital gains tax calculations. Simple and quick to use, it is recommended for anyone looking to significantly reduce their capital gains tax bill.

The new edition incorporates ALL of the changes proposed in the Chancellor’s March 2010 Budget Report.

What does the calculator do?

• A special feature tells you how much better or worse off you will be if you delay your sale until the new regime comes into force.
• One day’s difference in your sale date could save you thousands of pounds – the calculator will tell you just how much is at stake!
• Takes into account all personal circumstances and delivers tax planning advice which is tailored just for you.
• Provides both a detailed analysis of your tax situation, and a shorter more concise summary.
• Takes account of all capital gains tax reliefs and allowances such as Private Letting Relief, Principal Private Residence Exemption, Indexation and Taper Relief.
• Allows you to provide details of your other income and assets, and takes those into account when performing calculations.
• Deals with capital gains arising in future tax years using the most up to date forecasts of the future tax regime.

All significant factors are covered including how the property has been used, for example if it has been used for residential use, business use or for rental income, and whether the property has been improved under your ownership.

The calculator can also be used to carry out a number of ‘What if?’ calculations. This is very useful as you can work out the tax implications if you were to sell the property a few years down the line, not just in the current tax year.

Computer Requirements

Microsoft Excel is required to run the calculator. OpenOffice.org produces free spreadsheet software which also seems to work fine. It is designed to be extremely user friendly, requiring you to only enter your own figures and a few simple details. A free helpdesk supplied in the users guide on the CD is available to help you if you run into difficulties.

About the Author of Property Capital Gains Tax Calculator

The Author of Property Capital Gains Tax Calculator is Carl Bayley BSc ACA. Carl’s speciality is his ability to take the complex world of taxation and set it out in the kind of clear language that taxpayers can understand. Carl is also a regular contributor to TV programmes such as the BBC’s It’s Your Money programme and national newspaper articles on tax matters. He is a member of the governing Council of the Institute of Chartered Accountants in England and Wales.

Ordering Information

Free guide included with every purchase

All customers will receive a complimentary electronic copy of our comprehensive tax guide ‘How to Save Tax 2011/2012′ – worth £19.95, with every purchase.

Pay online

Purchase “Property Capital Gains Tax Calculator” now for £21.90 using Google Checkout.

This price includes postage & packing and free guide (see above).

Google Checkout

It’s quick and easy to register with Google Checkout. We chose Google from the hundreds of alternative payment systems on the web as it was a trusted secure brand and simple to use. Click here for more information on Google Checkout.

Receipts

You will automatically be emailed a receipt after your purchase. You can also logon to Google Checkout anytime for a record of your purchases or to print further copies of receipts.

Pay by phone, email or invoice

Alternatively, you can pay by phone (+44 (0) 207 193 1920), email enquiries@financialfluency.co.uk, or invoice, if required.

Discounts available for multiple purchases

If you wish to purchase more than one financial fluency tax publication, we will offer you a postage and packing discount. For multiple publications, please call us on (+44 (0) 207 193 1920) or email enquiries@financialfluency.co.uk

Any more questions?

For any questions, please see our frequently asked questions or send an email to support@financialfluency.co.uk.