CGT on Sale of Foreign Property

Winter Miles

Registered User
Messages
14
I am attempting to make a tax return /CGT for the disposal of a foreign property in Aug 2018. Previously I used an accountant to do the rental income but the charges for CGT are beyond my means.

There is no tax to pay as I've made a capital loss. Not by much thankfully. I owned the property for 10 hrs and sold for about 5k under what I paid for it. Still need to disclose the sale of this asset.

Is there a guide for dummies on how to complete this CGT return. with ROS?

I am already registered with ROS etc.

Any help would be welcomed.

Thank you
 

jpd

Frequent Poster
Messages
1,696
10 hrs! presumably 10 years - the CGT return is quite straightforward - you enter proceeds from sale and the gain on your Income Tax return form
 
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