HMRC prompts disclosure of CGT liability on sale of shares

HMRC has written to taxpayers who may have sold shares and failed to include the disposal on their tax return. If this article is supporting your professional development, it can count towards your verifiable CPD hours. Use the pop up at the bottom right corner of your screen to add reading this article as an […]

Overpayments of CGT following self assessment

Self assessment tax return filers who have also submitted a capital gains tax (CGT) UK property return may end up in an overpayment position. ICAEW’s Tax Faculty recaps the process for claiming a CGT repayment. Taxpayers who dispose of UK residential property are required to submit a capital gains tax on UK property (CGT PPD) […]

Paper return for UK property CGT reporting download form

The capital gains tax on UK property (CGT PPD) return has been published on HMRC’s website. Those submitting paper returns can now download the form instead of having to request it from HMRC by phone. Taxpayers who have sold a UK residential property at a gain must submit a CGT PPD return within 60 days […]