The 60-Day Rule: What You Need to Know In 2021, HMRC introduced a significant change for UK residents selling property (not your main home). Now, if you sell a property and make a taxable profit, you must: Report the sale to HMRC within 60 days of the completion date. Pay any CGT due within the
Category Archives: Tax Returns
There are a number of common self-assesment / tax return mistakes that can hold things up (possibly leading to a penalty fee), cause you problems or even prompt HMRC to look more closely at you. So it’s best to be aware of them and make sure you don’t make them! The easiest way to avoid
