Sale of foreign property

[paulbpmurphy]

I am a UK resident.

I have sold a house in the Republic of Ireland and have made a chargeable gain.

I am paying the Irish Revenue some CGT on my gain. (It's 34% by the way).

I am also going to report my gain through the standard UK self-assessment process.

I shall also provide evidence to the HMRC that I have satisfied my CGT obligations to the Irish revenue.

Do I need to do anything else or inform HMRC of anything else?

Many thanks,

Paul

[bd6759]

Needs reported in your tax return.

You’ll need the CGT pages (SA108) for the gain, and the foreign pages (SA106) to claim foreign tax credit relief.