Dependant Relative Relief

I have to pay Capital Gains Tax on a second property within 60 days. This involves Dependant Relative Relief from 1983 until 1996. Which Form do I need to complete? How do I obtain this form? How do I pay? How do I calculare my capital gains tax liability when this year's total earnings are not known until April 2025 Many thanks

Hi,

You will need to ensure that you meet the conditions below to claim this.

CG65550 - Private residence relief: dependent relative

If so, there is no actual form and you opt for an election when working out the gain. once you have worked out the reduction for the dependant relative, this is deducted from your capital gain figure after you have taken costs off the disposal price.

You need to use an estimate for your earnings when completing the form

Thank you.