CGT - Disposal of Hong Kong property within 9 months and transferring funds to the UK

Dear HMRC team, My family and I moved to the UK at the end of October 2021 via the BNO Visa. In June 2022, we sold our residential property in Hong Kong, where we had lived for around 14 years. The property was jointly owned by my wife and me, and it was our main residence throughout the time we owned it. We have now transferred the proceeds from the sale to a UK bank account. I would like to ask for clarification on the following: 1. Are we entitled to full Private Residence Relief (PRR) according to "HS283 Private Residence Relief (2023)"? The property was our only or main residence during the entire ownership period; We were not absent during the entire ownership period; The property was a 60 square metre flat with no garden or grounds; No part of the home was used exclusively for business purposes; 2. Do we need to report this sale, even if it qualifies for full PRR, and fill in the Self Assessment for capital gains (SA108) in this case? I would appreciate guidance from an HMRC Admin on how to proceed. Thank you.

Hi,
Yes, based on the info provided, you are entitled to Private Residence Relief on your HK residential property.
Given that there is no CGT liability, you do not have to report the transaction to HMRC.
HS283 Private Residence Relief (2024).
Thank you.