Rebecca Leff

Can i claim for legal fees against a gain made on sale of shares in a trading company. I will also be claiming business asset disposal relief as a shareholder/officer, but have had to pay £10k in legal fees as a direct expense relating to the 100% disposal in this trading business.? can this be claimed ?

Hello, thank you for your reply. However, i find this very odd considering it is a report that is now mandatory under these circumstances and separate and additional to the completion of a self assessment return. We therefore charge a separate fee as our clients employ our services to complete on there behalf. The same as they employ estate agents and solicitors (which are allowable). Can you double check this rule please as it does not seem correct. thanks

Can someone please advise if you are allowed to deduct as an expense the cost of accountants fees for the preparation of the cgt real time report online against the gain on the disposal of a residential property.