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Posted Thu, 28 Nov 2024 13:10:09 GMT by cazza99
I am selling an overseas property but am a UK resident for tax purposes. I know I have to pay CGT on the sale profit but dont understand whether I have to declare it within 60 days of completion or if it goes on my self assessment return for 2024/25 under the foreign section
Posted Mon, 02 Dec 2024 14:57:31 GMT by HMRC Admin 17 Response


Hi ,
 
This should be declared in your 2024/2025 Self-Assessment Tax Return in the Foreign Section and Capital Gains Pages -

please refer to the following guidance :

Tax when you sell property  .

Thank you .

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