Reporting UK property gain and Foreign property loss

Hi, We sold a holiday home in France in December 2023 which resulted in a capital loss. We will complete on the sale of a second home in the UK in March 2024 which will have a capital gain. When we complete the CGT submission for the UK property gain, can we submit details of the French capital loss on the same CGT return so these can be netted against each other? Am I correct that we will still need to report both the foreign loss and UK gain on our 2023/24 self assessment return?

Hi,

No, the property disposal return is only for UK residential property. However, there is a section within the form for in year losses that can be used to reduce any Capital Gains Tax due before the submission of the 2023 to 2024 tax return.

Thank you.

Thank you for your response, appreciated.