Sold a Rental Property? Here’s How to Report It to HMRC Online (60-Day Rule Explained)

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Sold a Rental Property? Here’s How to Report It to HMRC Online (60-Day Rule Explained)

If you’ve recently sold a UK rental property, there's one critical thing you need to know: You MUST report it within 60 days and pay any Capital Gains Tax due — or risk penalties.

In this video, Dora from Grace Certified Accountants walks you step-by-step through what to do when you sell a rental property, who needs to report it, how to gather the right information, and how to submit your return correctly on GOV.UK.

✅ Recently sold a residential property in the UK?
✅ Wondering how Capital Gains Tax works and what you owe?
✅ Confused about the 60-day reporting deadline?

You’ll learn:
✅ Who must report property sales and when
✅ What records you need before filing
✅ How to use the HMRC portal to file your CGT return
✅ What happens if you miss the deadline
✅ Answers to common questions about joint ownership and Self Assessment

💡 Whether you’re a seasoned landlord or just sold your first rental property — this guide will give you the tools to stay compliant, avoid late penalties, and feel confident in handling your CGT obligations.

💬 Key points covered:
🔹 What the 60-day Capital Gains Tax rule means
🔹 How to calculate your gain and reliefs
🔹 What HMRC expects in your CGT report
🔹 Why this report is separate from your annual tax return
🔹 When to seek professional advice for complex sales

You don’t need to panic if you’ve sold your rental — just follow the right process and file on time.

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▶ If this video helped you, COMMENT below with your questions, LIKE the video, and SHARE with other landlords or sellers.

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