SMF - Just Installed!

Informing HMRC on sale of property-Template

Started by MDS, May 28, 2023, 09:21:35 AM

Previous topic - Next topic

MDS

We don't have to completely a self assessment as profit from the property we let is under the limit.
We are now selling up.... (in England as private landlords)

I know you must inform HMRC within 60days of completion,  but how?

Is there a specific form?

Or does anyone have a template letter they could share?
Thanks!

HandyMan

You are talking about reporting a Capital Gain and paying CGT on the sale?

Read the overview here https://www.gov.uk/capital-gains-tax then read this https://www.gov.uk/tax-sell-property