“Selling a property can trigger a 60-day Capital Gains Tax reporting requirement, and the deadline is easy to miss. We calculate the gain, claim all available reliefs and submit the return to HMRC for you — ensuring accuracy, compliance and no late filing penalties.”
— Nigel Holland, Chartered Accountant
Capital Gains Tax – 60 Day Reporting
If you sell or dispose of a UK residential property, you may be required to report and pay any Capital Gains Tax (CGT) within 60 days of completion. This rule applies to second homes, buy-to-let properties, and other residential property disposals where full private residence relief does not apply.
At Holland & Co Chartered Accountants, we handle every step of the 60-day CGT process for you — from calculating the gain and identifying available reliefs to preparing and submitting the online return to HMRC. Our goal is to ensure accuracy, compliance, and timely filing to avoid unnecessary penalties or interest.
When a 60-Day CGT Return Is Required
A return must be filed within 60 days if you sell or dispose of:
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A second home or holiday property
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A rental or investment property
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A gifted property (unless transferred to a spouse or civil partner)
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A property transferred into a trust
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An inherited property that is sold and not covered by main residence relief
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The 60-day rule applies to both UK residents and non-residents who dispose of UK property.
Our Capital Gains Tax Service Includes:
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Calculation of your capital gain, including acquisition costs, improvements, and disposal expenses
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Application of available reliefs such as Private Residence Relief, Lettings Relief, and Annual Exemption
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Preparation and submission of your 60-day online CGT return to HMRC
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Estimation of your tax liability and advice on payment deadlines
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Review of your full-year Self Assessment to ensure correct reporting and reconciliation
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Advice on future tax planning to minimise exposure on future disposals
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Avoid Penalties and Late Filing Charges
Missing the 60-day deadline can result in HMRC penalties and interest. By instructing Holland & Co promptly after exchange or completion, we ensure your return is submitted accurately and on time.
We also help you understand how the gain interacts with your other income for the year, ensuring full compliance with both CGT and Self Assessment requirements.
Why Choose Holland & Co
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Fast, accurate preparation and filing of 60-day CGT returns
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Expert knowledge of property tax rules and HMRC reporting systems
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Proactive identification of reliefs to minimise your tax bill
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Complete handling of correspondence and follow-up with HMRC
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Get in Touch
If you’ve recently sold or are planning to sell a UK property, contact us as soon as possible to ensure you meet HMRC’s 60-day reporting requirement.
Call: 0151 420 6666
Email: nigel@hollandandcompany.co.uk
Address: Holland & Co Chartered Accountants, 102 Widnes Road, Widnes, Cheshire, WA8 6AX
