Trust/Self-assessment

Hi, I have a non-tax paying trust which has never completed a self-assessment return due to no tax arising within the trust. The trust has sold the property held within it but there is no chargeable gain arising on the sale. I understand no 60 day reporting is required due to there being no chargeable gain, however, is there a requirement to complete a self-assessment return to report the sale due to the proceeds exceeding 50k? Or is there another way to report the sale to HMRC without having to register for self-assessment for one year? Thanks, 

Can anyone answer this query please?

Hi Jenni,
Why is there no gain, is there a loss to report or are you claiming a relief?
If you have no tax to pay, then you do not have to report online but if there is a claim that reduced the gain to nil then you need to claim that in the self-assessment return for the trust and will need to change the Trust Registration Service (TRS) record to taxpaying in order to obtain an UTR.
Thank you.