Property gains reporting error
If you're trying to report a gain on a UK property using the 60-day return, you may hit a stumbling block that gives an error message. However, the Institute of Chartered Accountants in England and Wales (ICAEW) has found a potential solution. What’s the full story?
Related Topics
-
ATED filing deadline approaching for 2026/27
Companies holding high-value UK residential property need to ensure their annual tax on enveloped dwellings (ATED) returns are filed by the end of April. With the deadline approaching, what do you need to do?
-
HMRC to contact representatives over NI refunds for deceased taxpayers
HMRC has updated its guidance to confirm that it will write to representatives of deceased individuals where it believes too much NI has been paid. What should you expect if you receive such a letter?
-
Free childcare for company owners?
You’re an owner manager and your daughter is due to start nursery. You understand that working parents can get free childcare but a friend said this isn’t available if you only pay yourself dividends. Is this true and what can you do to qualify?
You have to file a return within 60 days of completion if you make a disposal of UK residential property and there is a tax bill, i.e. the gain isn’t covered by the annual exemption, private residence relief, or losses arising before the completion date. Non-UK residents have to report all gains on UK property, whether it is residential or not.
However, some users have reported receiving an error message saying “sorry we are experiencing technical difficulties, please try again in a few minutes” when trying to use the property reporting service. The ICAEW has reported that the problem may be caused by the way the address has been populated in HMRC’s system. It's important to ensure that the required information is captured in the correct box. As an example, many address boxes have three or more lines for the main address, and a separate box for the postcode. If the postcode is mistakenly entered into the main address box, it appears to cause the error.
If you are experiencing the error message, check that the address has been correctly captured by logging into online services and viewing your profile. You can change your address from this page if necessary.
This website uses both its own and third-party cookies to analyze our services and navigation on our website in order to improve its contents (analytical purposes: measure visits and sources of web traffic). The legal basis is the consent of the user, except in the case of basic cookies, which are essential to navigate this website.