Engagement Letter – Capital Gains Tax on Disposals

An engagement letter for capital gains tax on shares, businesses, cryptoassets and other assets: computations, reliefs, reporting through Self Assessment or the real-time service, and payments.

Editable Word document
10
10pages
Guidance notes included
aml consultancy solutions

Accountancy practice – client documents

Engagement Letter – Capital Gains Tax on Disposals

About this document

What it’s for

A covering letter and schedules for capital gains tax work on disposals other than a landlord’s rental properties (which are covered by the property income letter): shares and investments, a business or business assets, cryptoassets, second homes, chattels and gifts.

When to use it

  • A client has sold or gifted assets, or is planning to
  • Selling a business or shares and claiming Business Asset Disposal Relief or another relief
  • Cryptoasset disposals that need computing and reporting

What’s inside

The document is laid out in the sections below. Each one comes with a plain-English guidance note explaining what it does and what to change.

  1. Disposals covered
  2. What we will do
  3. Cryptoassets
  4. Your responsibilities
  5. Services not included
  6. Professional rules and standards
  7. Identity checks and money laundering
  8. Confidentiality and data protection
  9. Fees and payment
  10. Our liability to you
  11. Changes in the law and to this engagement
  12. Ending the engagement
  13. How our agreement fits together

How to complete it

  • List the disposals in the scope table
  • Choose whether the work is a one-off or recurring
  • Keep the consumer cancellation paragraph for individuals

Key points to check

  • Capital gains tax rates, the annual exempt amount and relief rates for the tax year – check gov.uk
  • Whether a 60-day UK property return is needed (see the property letter)

Our templates are professionally structured starting points for UK businesses, not legal advice. For anything complex, unusual or high-value, have your final version checked by a solicitor.

Included in the pack

Accountancy practice – client documents

£20

for every document in this category

Editable Microsoft Word files

Guidance notes in every document

Written for UK businesses

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