Joint Ownership, Declaration of Trust and CGT

My wife and I owned a buy to let property, though the mortgage was in my name only. There was a declaration of trust drawn up by a solicitor which stated the ownership shares. The property has now been sold. When CGT is applied to the relevant shares of my wife and I, my share of the gains are below the CGT threshold. On my Self Assessment do I need to inform HMRC of the sale?

Hi,
If you need to complete a tax return for any other reason and the disposal value for the property exceeds £50,000, then you need to declare the disposal in your tax return, even if there is no tax to pay.
Thank you.