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Posted Tue, 11 Jul 2023 16:06:54 GMT by
Hi, my family moved to the UK in Aug 2022 via BNO Visa. In Feb 2023, we sold the residential property in Hong Kong which our family had lived in for about 10 years. That property was jointly owned by me and my husband. I understand that we do not need to pay any CGT in this transaction as we sold the property within 9 months after we moved out in Aug 2022. Do we still need to report and fill in the Self Assessment for capital gains (SA108) in this case?
Posted Fri, 14 Jul 2023 13:00:40 GMT by HMRC Admin 10 Response
Hi
No as there is no gain to declare as it was your main home.
Thankyou.

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