Change in HMRC reporting requirements relating to sales of Residential Property
If you have a sold a UK residential property you may be required to report and pay any capital gains tax to HMRC within 30 days if the completion date was between 6 April 2020 and 26 October 2021. This was extended to 60 days recently for disposals on or after 27 October 2021.
If you think this applies to you or anyone you may know and you would like to discuss please contact us on 028 9040 6300 or charlotte@grayandpress.co.uk
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