HMRC is sending out 14,000 “nudge” letters to people who have sold a residential property during the 2018/19 tax year asking them to check whether they owe Capital Gains Tax (CGT), tax and advisory firm Blick Rothenberg has warned.
Suzanne Briggs, a partner at the firm advised there is a more immediate problem as anyone who has sold a property after 6 April this year where there is CGT to pay, should have reported the disposal and ...