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GCT on property and rescission

igloohouse
Posted Mon, 27 May 2024 19:14:13 GMT by igloohouse
Hello, What happens to CGT paid on a sold property that may be nulled through rescission and acquired back? Thank you.
HMRC Admin 20
Posted Fri, 31 May 2024 11:52:31 GMT by HMRC Admin 20
Hi igloohouse,
If nulled then no gain arises and you would need to amend the details already submitted to nil in order to generate a refund.
Thank you.

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