Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Wed, 13 Nov 2024 15:36:19 GMT by utr d
I made a Capital loss on my UK property sale this tax year. So do I still need to report the property 'sale' to HMRC within 60 days with loss calculation details? Because using the "Capital Gains Tax on UK property account" online service seems designed for the context of only reporting and paying a capital gain. There appears to be no function or guidance on that service for reporting a loss. Would I simply include the property Capital loss details on my 2024-2025 self-assessment?
Posted Fri, 15 Nov 2024 15:00:49 GMT by HMRC Admin 19 Response
Hi,
If you are UK resident and it is a UK residential property, then no, you do not need to file the 60 day report. You will declare it in your tax return for the loss to be noted.
Thank you.

You must be signed in to post in this forum.