Capital Gains Tax on Property is the tax charged on the profit made when selling a residential property that is not your main home, such as a buy-to-let or second home.
Reporting and paying
UK residential property sales must usually be reported to HMRC and any tax paid within 60 days of completion, separately from the annual self-assessment return.
Tax rules depend on individual circumstances and can change. This glossary is general information rather than personalised tax advice.