JVCA

rebeccachamberlain

Flowchart for Capital Gains Tax Disposals

There can be some confusion over whether the 60-day CGT reporting rule applies in your particular circumstances. I’ve put together this flow chart, which should help you find your path through the fog…

This might come under the heading of boring but important information – because if you sell a property in the UK then you may well have to do a special UK Property Tax Return within 60 days of the sale. and pay any relevant tax at the same time!
Everybody who sells a second house needs to be aware of this!

Flowchart for Capital Gains Tax Disposals Read More »