Skip to main content

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

Selling two rental houses in same tax year

Answer
Juliet
Posted Mon, 25 Nov 2024 19:38:46 GMT by Juliet
I sold a property earlier this year which I paid £44000 cgt on. I am due to complete on another shortly. When I fill in the cgt reporting form for this property do I have to include the £44000 in the taxable income section?
Answer
HMRC Admin 19 Response
Posted Tue, 03 Dec 2024 08:27:30 GMT by HMRC Admin 19 Response
Hi,
No, as this refers to non CGT income. The £44000 will be reflected further on in the calculation.
Thank you.

You must be signed in to post in this forum.