TarquinRK
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RE: Reporting CGT on Overseas Property sale
We sold our property in Portugal in 2023 and have each completed our Self Assessment for the year 23/24 and have until 31/01/25 in which to pay our CGT here but are still waiting on Portugal to tell us whether or not there is any tax to pay and if so how much we could owe them on the sale. What do we do if we have still not heard from them before payment is due here - do we pay our CGT here and then apply for a refund if we have to pay tax to the Portuguese authorities. -
RE: RE:Reporting CGT on Overseas Property sale
I know that I have to file a Self Assessment return regarding the capital gain from the sale of an overseas property, my question is that as the proceeds are split 50/50 do we each have to indicate that it is a half share under Any Other Information (54) and if so do we give the UTR of that person. -
RE: RE:Reporting CGT on Overseas Property sale
I know that I have to file a Self Assessment return regarding the capital gain from the sale of an overseas property, my question is that as the proceeds are split 50/50 do we each have to indicate that it is a half share under Any Other Information (54) and if so do we give the UTR of that person.