CGT on property sale - joint owners

Dear forum My wife and I jointly own our home. We will be selling it shortly and will report a capital gain as it was rented out when we worked abroad for a few years. I understand that we will need to complete a CGT return online but am not sure how to handle the joint owners aspect. If the gain is 50k, do we both submit a return for a 25k gain (showing half the purchase price, half the improvement costs etc)? Thanks in advance for your help.

Hi,

As jointly owned, yes, you both need to declare a gain in respect to your individual share of the asset. 

Thank you.