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Claritax News

CGT – disposal of UK property – 60-day paper return updated

09 Jan 2023

HMRC have updated the paper version of the 60-day return so that it now includes sections for the agent’s details, repayment information and notes on how to complete it.

Disposing of a UK property may require submission of a return within 60 days of completion. The rules are different depending on whether the disposal is made by a UK resident or non-resident.

The return is normally filed online but in limited circumstances (see link below) the paper return may be submitted.

https://www.gov.uk/hmrc-internal-manuals/capital-gains-manual/cg-app18-110#Toc90369243

Related content from Claritax Books

Written for accountants and other tax advisers at an intermediate level, Capital Gains Tax is built firmly on a foundation of statutory rules and case law principles. It is illustrated throughout with practical examples, and most chapters include a summary of pitfalls and planning points.

Capital Gains Tax

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