Shivam68

Thanks HMRC Admin 19 for quick response .The property I sold in Dubai was an apartment which was bought in Feb 2008 as off plan with initial deposit and registered as title deed in my name only in Jan 2012 after completing and full transfer to me. So what UK pound to UAE Dirhams exchange rate should I use to calculate the initial cost in pounds? Exchange rate as in Feb 2008 or in Jan 2012? For the UK land sale which had no house or planning permission what will be the rate of capital gains I should use to calculate how mush CGT to pay?

Hi. I am resident in UK last 20 years. I recently sold my apartment in Dubai this year and incurred a loss. I also sold a piece of non residential land in UK and received a capital gain. I have two questions. 1. Can I offset the capital loss from my foreign property sale against the capital gain from UK land sale. 2. Should I file both these gains and loss in my SATR or file capital gains/ loss individually on HMRC capital gains portal. Kindly help