Day: 22 March 2020

Capital Gains Tax – New Reporting Rules

Chris McNeill is a solicitor at Anthony Gold. He specialises in the Wills & Probate department, bases in our South London offices at London Bridge. Chris qualified as a solicitor in 1981 and has worked in general civil practice. Chris joined Anthony Gold in 2001, since when he has specialised in the fields of wills, probate, tax and trust. Chris specialises in the administration of estates and trusts, the preparation of wills and powers of attorney, and in tax planning generally. As well as planning advice in these areas he is also experienced in helping clients where there is disagreement over any aspect of inheritance planning or outcomes. He is a Chartered Tax Adviser which is widely recognised as the premier tax qualification in the UK. He is an Associate of the Chartered Institute of Taxation (CIOT) and is a member of the Society of Trust and Estate Practitioners (STEP), a world-wide organisation dedicated to raising the profile of trust and estate work.

Christopher McNeill says: beware the transition period at the end of the tax year in which both reporting systems might apply to the sale of residential property. After 5 April 2020, any CGT due must be paid and reported within 30 days of the disposal of residential property being completed using the new online “real-time” […]

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