This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

Property Return

steven13
Posts:26
Joined:Sat Nov 11, 2017 3:32 pm
Property Return

Postby steven13 » Fri Aug 06, 2021 10:16 am

Do you still have to complete a Property Return within 30 days in relation to a property sale which was originally my private residence but then let out but the taxable gain falls below the Annual Exemption?

Jholm
Posts:222
Joined:Mon Mar 11, 2019 4:22 pm

Re: Property Return

Postby Jholm » Fri Aug 06, 2021 12:30 pm

No, only if tax is due

pawncob
Posts:4749
Joined:Wed Aug 06, 2008 4:06 pm
Location:West Sussex

Re: Property Return

Postby pawncob » Fri Aug 06, 2021 12:40 pm

Maybe.
https://www.gov.uk/capital-gains-tax/work-out-need-to-pay
With a pinch of salt take what I say, but don't exceed your RDA


Return to “Property Taxation”