Call for volunteers to trial property reporting service

From April 2020 the capital gains tax due on the disposals of UK residential property (other than a principle private residence) must be reported and paid to HMRC within 30 days of completion of the disposal. Non-UK residents who currently report property disposals within 30 days can no longer defer payment.

HMRC is developing a new digital service that will be available from April to make it easier for taxpayers to do this.It is looking for tax agents and their clients to help trial the service. Eligible agents are those who represent UK and non-UK resident individuals or trusts who are likely to need to report capital gains tax on UK property for a client after 6 April. The client also needs to be an individual or representative of a trust considering disposing of a UK property on or after 6 April.

The trial will continue until 5 April. For...