60-Day CGT Reporting – What You Need to Know
If you sell or dispose of UK land or property and make a profit, you may be liable to pay Capital Gains Tax (CGT). Under current rules, you must report the gain and pay any CGT within 60 days of the completion date. Even if you make no profit—or a loss—non-UK residents must still report the transaction.
Our service also covers indirect disposals, such as shares in UK property-rich companies, where CGT rules may still apply depending on certain conditions. We’ll advise you based on your unique circumstances.
Whether you’re an individual, investor, or company, we’re here to help you meet these reporting obligations efficiently and accurately.
How Our Service Supports You
At TaxFixAccountant, our 60-Day CGT Reporting Service offers end-to-end support, ensuring you stay compliant and avoid costly penalties:
- Information Collection
We gather all required data, including property details, purchase/sale dates, and any deductible costs. For non-resident sellers, we apply the most beneficial calculation method if the property was acquired before 6 April 2015.
- Accurate Calculations
ur tax experts use current CGT rules to calculate your liability, accounting for exemptions, reliefs, and allowable costs.
- Compliant Reporting
We prepare all necessary documentation and reports for submission to HMRC, ensuring nothing is missed.
- Timely Filing
Your report is submitted within the required 60-day period—keeping you fully compliant, provided you contact us in good time.
We can also assist with CGT matters outside the 60-day regime, including reporting on UK tax returns where applicable or beneficial.
