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Posted Fri, 03 Jan 2025 12:29:30 GMT by Monty Winchester
I am helping my mum with her SA after my dad passed in November. They sold a flat (not primary residence) in Sep 2023, reported it and paid CGT tax in Oct 2023 They then reported it on their 2022/23 Tax Return... which seems like a year too early?! Was that right? If not should I report it again this year, or just say "it has been reported once, that is good enough", or put a note in the CGT comments?! Thanks!
Posted Tue, 14 Jan 2025 15:17:12 GMT by HMRC Admin 17 Response

Hi ,
 
As the property was sold in Spetember 2023, this is the 23/24 tax year.

You will therefore need to amend the 22/23 return to remove the capital gains info and

now include it with the 23/24 tax return  .

Thank you .

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