Iryna

I partly disposed same property twice - in year 2021 and year 2024. Question : Reporting CGT, can I use AEA of £12,300 in tax year 21/22 and AEA of £3,000 in tax year 24/25 ? Thank you

In 2017 me and my husband purchased a house in shares 50/50. In 2021 my husband transferred his share of the property to me and i became 100% owner of it. In the beginning of November 2024 I transferred 70% of the property to my daughter, so at the present, she owns 70 % and I own 30% of the property. My first question - do I need use "formula for partial disposal " to calculate and report my gain twice - transfer from my husband to me and from me to my daughter and then add them up to report ? Second question - how i need to report my CGT ? Is there a special form to report tax for part disposal property ? The existing reporting(calculating) gain and tax forms do not reflect that only part of the property is transferred. How to tell HMRC how much CGT is due in my particular case ? I'd appreciate an explanation.