Capital gains on disposal.

Planning for the CGT position, including the 60-day UK reporting obligation.

What it is

Selling well.

A property disposal can carry a significant capital gains charge, and a tight reporting deadline alongside it: gains on UK residential property must be reported and the tax paid within 60 days of completion. Planning the position before the sale — not after — is what keeps both the charge and the deadline under control.

We establish the gain, apply the reliefs and base cost available, and prepare for the reporting obligation in advance, so a disposal is reported correctly and on time.

How we advise

The gain

Establishing the chargeable gain, base cost and available reliefs.

The 60-day return

Preparing for the UK residential property reporting deadline.

Residence and the charge

Accounting for how residence affects a property gain.

Timing

Planning the point of sale around the wider position.

Important information

The basis on which we advise.

This page is general in nature and does not constitute tax, legal or financial advice. Advice is given only under a formal engagement, on the basis of your specific circumstances.

ORA Black advises on the design, selection and coordination of structures; it does not act as trustee, foundation council member or administrator, and does not hold client assets. Fiduciary, formation and administration services are provided by appropriately licensed and regulated providers. Where regulated financial services are required, these are provided through ORA Black’s partnership with NEBA Private Clients.

Discuss your position in confidence.

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