ncadman2

Last year I sold 2 buy to let properties. They were sold at a loss compared to original purchase price, and were each sold for less than £50,000. I believe no CGT is due, however do they need to be included on the self assessment tax return? I see something about a 50k limit, which each property is under, but I did sell two and wasn't sure if it was a cumulative amount?

Last year I sold 2 buy to let properties. They were sold at a loss compared to original purchase price, and were each sold for less than £50,000. I believe no CGT is due, however do they need to be included on the self assessment tax return? I see something about a 50k limit, which each property is under, but I did sell two and wasn't sure if it was a cumulative amount?