Sold a property in the UK after 6 April 2020?
The rules around selling a property in the UK are changing!
If you have sold a property or plan to sell a property after 6 April 2020 it’s now a requirement to report and pay Capital Gains Tax within 30 days of selling the property. Failing to do this could result in penalties and/or paying interest if you do not reporty this within the limit given (30 days)
What you will need:
- Calculations for each capital gain/loss to report
- Info from your records about the costs and what was recieved for each asset
- Details of any reliefs you may be entitled to