rocketron

Do i need to declare this anywhere ? i cant see a suitable place on a self assessment return ?

We have gifted out Spanish apartment to our 2 children as part of IHT planning. The current value is less than we paid. Where does this go on a Self Assessement return ? The capital gains section of Foreign section ? Although not the intention can the capital losses be carried forward and used if any UK captial gains are made in future ?