As from 6 April 2020, Capital Gains Tax on residential property in the UK is required to be reported and paid to HMRC within 30 days of completion. However, the HMRC reporting system has had a number of glitches, some of which have now been resolved. The updated system is now allowing gains on second and subsequent disposals to be reported online. Previously the reporting system had only allowed for one online filing in each tax year, resulting in the need for any further filings to be reported on a paper return. In addition, the system now has the capacity for personal representatives and those holding a power of attorney to report gains, and for agents to be able to report on behalf of the
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