kmc
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RE: Property sold
Hi , I’m BNO Visa UK resident .And I was sold the main resident property In UK which is joint ownership with my partner. The property was sold (completed)at Dec 2023 .During we own the property,we only have that property and we live in the property. Until now we planing buy another property for our main living property.(We are not at the seamless headover to buy next property.) For my understanding we are enabled apply Private Residence Relief is correct? If we are enabled apply Private Residence Relief,do we need to declare the Capital Gains to HMRC? and if yes which form for declare the Capital Gains? Thank you for much !