CGT on UK residential property: the rules that matter.
You have 60 days from completion to report and pay CGT. Get the base cost, allowable expenditure, and PRR claims wrong and you either overpay or face a penalty later.
Network service: CGT on property disposals
CGT on UK residential property is fast, expensive, and easy to get wrong. The 60-day reporting deadline applies from completion, and the calculation is dense: base cost, allowable expenditure, PRR for periods of owner-occupation, lettings relief where eligible, and the post-April 2020 rules that changed both PRR and lettings relief.
Most overpayments come from missed allowable expenditure: enhancement works, professional fees, or owner-occupation periods. Most underpayments come from base-cost errors: forgotten gifts, transfers between spouses, or claims of indexation that were abolished for individuals in 2008.
The articles in this pillar cover the rules in plain English, the levers landlords most commonly miss (spousal transfer, multi-property timing), and what happens when the 60-day deadline is missed.
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