I sold my buy-to-let property last month – how do I correctly calculate and report my capital gains tax to HMRC within the 60-day window, especially with mortgage interest relief changes?
Quick Answer
Calculating CGT involves deducting acquisition and improvement costs from your sale price. You must report and pay within 60 days of the sale's completion, remembering that mortgage interest is not deductible for CGT.
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Learn how to calculate and report Capital Gains Tax on your sold buy-to-let property. Understand allowable expenses, deadlines, and current UK tax rates.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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