Wonson

I found something else regarding the issue According to TCGA 1992 s.28 (https://www.legislation.gov.uk/ukpga/1992/12/section/28), the date of disposal is the date of an unconditional contract was made, which is also known as the "exchange date" of the unconditional contract. And according to the PPR page (https://www.gov.uk/government/publications/private-residence-relief-hs283-self-assessment-helpsheet/hs283-private-residence-relief-2020) In the section "Period of ownership", there is a line that said "It ends when you dispose of it". So as the answer from another post: https://community.hmrc.gov.uk/customerforums/cgt/cd397769-47e6-ec11-b5cf-00155d9c6b71 "So if the contract is unconditional, full PPR would be applied if the contract is made dated within 9 months, because the date of ownership is the contract exchange date, but not the completion date when buyer made the full payment and be able to move into the property." Can you confirm that the above statement is correct or not?

So, does it mean the forfeited deposit is considered part of the capital gains of the sale transaction, and it only needs to be reported after the whole property sale transaction, which the property is finally sold to another buyer, is completed?

One more question: Any differences if this happened in Private Residence Relief tax-free period?

I know there is a 9 months long tax-free period according to Private Residence Relief. But what if exchange date is within 9 months period, and completion date is out of 9 months period, do I still get the tax-free treatment?

I am selling a foreign property right now, but it seems the transaction is going to be aborted due to buyer's problem. That may give a chance to take that forfeited deposit as a seller. So my question is: If I take that forfeited deposit, is it considered as taxable income? How can I calculate how much it is taxable?