Since 6th April 2020, individuals (not companies) who sell a house or flat and make a capital gain must report and pay the CGT due within 30 calendar days of completion of the sale of the property.
Some points to note:-
It only applies to residential property not commercial.
If no CGT is due there is no need to pay and file including properties covered by Main Residence Relief (MRR).
You are required to open up a new 'property account' to report the gain.
The disposal still has to be included on your normal self-assessment return.
There are penalties for late filing and interest for late payment!
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