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Capital Gains Tax For Creatives

Selling assets, artwork, intellectual property, or shares can trigger a Capital Gains Tax liability. We help you plan disposals carefully, calculate your gain accurately, and ensure you use every available exemption.

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Because Creativity Deserves Clarity

Plan Sales to Minimise Tax

Capital Gains Tax applies when you sell or dispose of an asset that has increased in value. For creatives, this can include the sale of artwork, music rights, intellectual property, property, and business shares. Getting CGT wrong can be costly — and HMRC takes it seriously.

We calculate your gains accurately, identify all available reliefs and exemptions, and file your CGT return on time.

Plan Sales to Minimise Tax

CGT Calculation — accurate calculation of your gain or loss on disposal

Annual Exemption — we ensure your CGT allowance is fully utilised

Relief Identification — Business Asset Disposal Relief, rollover relief, and more

HMRC Reporting — CGT reported via Self Assessment or 60-day property returns

Pre-Disposal Planning — strategic advice before you sell to reduce your liability

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Turn Chaos Into Clarity

Plan Before You Sell

The best time to think about CGT is before you make the disposal, not after. We help you plan ahead to minimise what you owe.

■ Structure disposals tax-efficiently

■ Use all available exemptions and reliefs

■ Avoid unnecessary HMRC penalties

■ Understand your liability in advance

■ Make confident, informed decisions

Our Approach

Simple, Transparent, Creative-Friendly

■ Pre-Sale Advice

We advise on CGT implications before you commit to a sale.

■ Accurate Calculations

We calculate gains using the correct cost basis and reliefs.

■ Timely Reporting

We meet all CGT reporting deadlines, including 60-day property rules.

■ Relief Maximisation

We identify and apply every relief available to your situation.

Mastering the Basics

CGT Tips For Creatives

■ Use Your Annual Exemption

Everyone has a CGT annual exempt amount — make sure you use it.

■ Consider Timing of Disposals

Timing a sale across two tax years can split the gain and reduce your bill.

■ Keep Records of Original Costs

You'll need purchase prices and improvement costs when calculating your gain.

■ Report Property Sales Within 60 Days

Residential property disposals must be reported to HMRC within 60 days.

■ Explore Business Asset Disposal Relief

If you're selling your business, you may qualify for a reduced 10% CGT rate.

Why Creatives Across the UK Trust Us

Built Around You

■ Specialised in Creative Finances

We understand irregular income, project-based pay, and client delays.

■ Transparent Pricing

Simple monthly fees, no surprises.

■ Dedicated Support

You'll always speak to the same person, not a call centre.

■ Tax-Ready Records

We keep your books clean and compliant for easy filing.

■ Simple Tools

Cloud bookkeeping that fits your workflow.

■ Peace of Mind

Focus on creativity, not compliance.

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Go Beyond Bookkeeping

Other Services You Might Need

■ Tax Planning: Year-round strategies to minimise all tax liabilities.

■ Self Assessment: CGT is reported via Self Assessment for most assets.

■ Advisory: Strategic guidance on growing and exiting your creative business.

■ Corporation Tax: For disposals made through your limited company.

■ Bookkeeping: Accurate records to support any CGT calculation.

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"They have gone above and beyond advising me over the years. I'm grateful for the guidance and support of Creative & Numbers, who've been instrumental in my journey. I'm excited to further develop our partnership and continue to bring innovative and original stories to life on screen."

Nick Jay

Director — 76 Lucky Street (Film Production)

The best time to think about Capital Gains Tax
is before you make the sale.

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