Penalties for failing to notify HMRC about a capital gains tax liability have doubled in the past two years, according to new figures – and experts have said this could be the “tip of the iceberg”. A ...

With the self-assessment deadline just three weeks away, taxpayers who need to report capital gains should take extra care to avoid a penalty after recent changes, accountants have warned. Here’s how.

Investors who sell an investment at a profit in a taxable account incur a capital gain that they must report on their tax returns. For investments held longer than one year, the long-term capital ...