Capital Gains Tax Reporting
If you are disposing of UK residential property, more likely than not, you will need to disclose details of the property disposal to HMRC within 60 days of completion. Payment of the resulting Capital Gains Tax is also required within 60 days.
If you are a non-UK resident, you are required to report the disposal of all UK property (not just residential property) to HMRC within 60 days from completion.
If you have disposed of a property or are planning to dispose of one, get in touch to see how we can help.