Selling non-UK land

Hello, what are the rules when selling land in the Isle of Man for a UK resident british citizen registered for tax in the UK. Do you still use the HMRC CGT on-line system? Because the question was for sale of UK land or property. Strictly, the Isle of Man is NOT UK.

Hi Ed,
No, disposal of overseas assets, requires the completion of a Self Assessment tax return, whether there is a gain or not.
Your capital gains calculation must be done in pounds sterling, using UK capital gains rules.
The disposal is reported in the capital gains section and if you had a Foreign Capital Gains Tax to pay, you can claim up to 100% Foreign Tax Credit Relief in the foreign section of the return.
Thank you.