UK property disposal form "*" indicates required fields Your Basic DetailsYour Name* First Last Email Address* Full address of the property* Street Address Address Line 2 City State / Province / Region ZIP / Postal Code Country AfghanistanAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBoliviaBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos IslandsColombiaComorosCongoCongo, Democratic Republic of theCook IslandsCosta RicaCroatiaCubaCuraçaoCyprusCzechiaCôte d'IvoireDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaFalkland IslandsFaroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuamGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and McDonald IslandsHoly SeeHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKorea, Democratic People's Republic ofKorea, Republic ofKuwaitKyrgyzstanLao People's Democratic RepublicLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMacaoMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMartiniqueMauritaniaMauritiusMayotteMexicoMicronesiaMoldovaMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorth MacedoniaNorthern Mariana IslandsNorwayOmanPakistanPalauPalestine, State ofPanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalPuerto RicoQatarRomaniaRussian FederationRwandaRéunionSaint BarthélemySaint Helena, Ascension and Tristan da CunhaSaint Kitts and NevisSaint LuciaSaint MartinSaint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint MaartenSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSwedenSwitzerlandSyria Arab RepublicTaiwanTajikistanTanzania, the United Republic ofThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkmenistanTurks and Caicos IslandsTuvaluTürkiyeUS Minor Outlying IslandsUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamVirgin Islands, BritishVirgin Islands, U.S.Wallis and FutunaWestern SaharaYemenZambiaZimbabweÅland Islands Is it an actual sale, or an anticipated sale?* Actual Sale Anticipated Sale Confirmation that you have disposed of the freehold of the property (rather than the leasehold)Have you disposed of the leasehold?*Read: What is freehold vs leasehold? No, I/we disposed of the freehold Yes, I/we disposed of the leasehold Length of lease remaining at date of sale*Length of lease remaining at acquisition*Confirmation that you will dispose of the freehold of the property (rather than the leasehold)Will you dispose of the leasehold?*Read: Freehold vs Leasehold No, I/we will not dispose of the freehold Yes, I/we will dispose of the leasehold Anticipated length of lease remaining at date of sale*Length of lease remaining at acquisition*Property Ownership PercentageConfirmation of your ownership percentage of the freehold/leasehold*(i.e. 50% Person A and 50% Person B 50%)NameOwnership Percentage Add RemoveProperty Sale DateWhat will be your anticipated sale date and sale price?What was your sale date & price?Read: Sale datesDate of exchange* DD slash MM slash YYYY Date of completion* DD slash MM slash YYYY Sale Price*Associated costs of salePlease enter the anticipated costs below to the best of your ability.Solicitor’s fees*Estate agent fees*Other (searches etc)*UK MortgagePlease confirm the value of the current outstanding mortgage balance (or confirm that the property is not mortgaged)Please can you confirm the date (dd/mm/yyyy) you most recently refinanced the mortgage?Note: The relevant date will be the date you took-out the most recent fixed-rate offer. This is on the basis the variable rate follows a lapse of the fixed-rate period, if not it will be the date you took out the variable rate mortgage. (this is relevant for the AUS computation for foreign exchange gains and losses). i.e., 1. on 1/1/2010 you took-out a 5 year fixed mortgage. The fixed rate period lapses and you move onto a variable rate. The relevant date is 1/1/2010. 2. on 1/1/2010 you took-out a 5 year fixed mortgage. Before the fixed rate period lapses, you obtain a variable rate mortgage to commence on 1/1/2015. The relevant date is 1/1/2015 Acquisition DetailsDate of acquisition* DD slash MM slash YYYY Acquisition cost (i.e., the purchase price)*Associated costs of acquisitionSolicitor’s fees*Stamp Duty Land Tax (SDLT) if any*Other (searches etc)*Market value of the property at 5 April 2015Market value of the property at 5 April 2015*HMRC advise that you can obtain a valuation via a RICS surveyor or estate agent. They also suggest that a reasonable estimate is sufficient. For example, you could arrive at a value by looking at what similar properties in the area sold for at the time and taking an average. This can be readily accessed from websites such as Rightmove. Alternatively, we can estimate the value by looking at the UK House Price Index from acquisition to sale, please let us know if you would like for us to do this. Dates (if any) that you physically occupied the property as your main residence (home)Date that you physically occupied the property as your main residence (home)Please use date format: dd/mm/yyyyMove-in dateMove-out date Add RemoveOther properties worldwideProperty Details Country where property purchased Date of purchase Actions Edit Delete There are no Properties. Add Property Maximum number of properties reached. Details of any enhancement expenditure incurred on the propertyPlease provide details of enhancement expenditure:Please note that you cannot claim relief for any expenditure that was incurred on the property and has been claimed on a UK and/or Australian tax return (i.e. you replaced the boiler and included the expenditure as a deduction against your rental profits – in this instance, the expenditure is not included on the CGT computation). Expenditure incurred on decorating (i.e., painting), replacement carpets, cookers, fridges, freezers are not capital in nature and may instead be a deduction against rental profit. Moreover, if you replaced laminate flooring with flooring of a similar standard (albeit a newer version) this is also not capital in nature and will not be included as a deduction on your CGT comps. Please note that only expenditure which has resulted in an improvement to the property which is reflected in the value of the property at the date of disposal is allowed as a deduction on the CGT computation. To this end, please provide the following information:Description of expenditure incurredAmount incurred (GBP)Date incurred (dd/mm/yyyy) Add RemoveConfirmation of your respective anticipated UK income after tax-deductible expenses for the period 6 April 2024 to 5 April 2025.Details of any UK capital lossesBrought forward and available as at 6 April 2024Realised in the UK tax year ending 5 April 2025Details of any Australian capital lossesBrought forward and available as at 1 July 2024Realised in the Australian tax year ending 30 June 2025More InformationPlease confirm the date you arrived in Australia (dd/mm/yyyy) and commenced Australian tax residence* DD slash MM slash YYYY Tax recognition date for Australian tax purposesDid you arrive in Australia as a permanent resident or citizen of Australia? Yes No This is the date you will be deemed to have acquired the property for Australian tax purposes – the tax recognition date. If you arrived in Australia on a temporary resident visa then the tax recognition date will be the earlier of: i. The date you were granted permanent residence status, or ii. The date you entered into a de facto relationship with an Australian citizen or permanent resident. If you arrived in Australia in a de facto relationship or married to an Australian citizen or permanent resident, then this will be the tax recognition date. Please provide me with the market value of the property on the tax recognition date as explained above.*Ordinarily, the ATO require a professional valuation. You can request this from the estate agent who assisted with the property sale provided that they are qualified in the UK to provide valuations.Depreciation claimed on Australian tax returnPlease confirm the total amount of capital works deductions claimed on your respective Australian tax returns relating to the property*Read: What are capital works deductions?Please confirm the tax written down value (TWDV) at the date of sale on non-pooled assets used within the property claimed on your respective Australian tax returnsRead: What are non-pooled assets?Please confirm your respective tax brackets for the current Australian tax year ending 30 June 2025.*See the ATO website here for further information.Costs of OwnershipIt may be possible to claim relief for certain costs incurred during the period of your ownership of the property when it was not let to tenants. If the property has always been let to tenants then this is not relevant to you. To this end: Please provide the totals of the following costs incurred during the period of your ownership when the property was not let to tenants. If helpful, you may provide a summary of these costs in an Excel spreadsheet, itemising: A description of the cost (e.g., mortgage interest), The date of payment, The amount, and The currency of the payment. While this level of detail is not required as part of this exercise, please note that the ATO may request substantiation for any costs included in the Australian tax return if they review the relevant sale.Please provide totals of the following costs incurred the during period of your ownership of the property when it was not let to tenants.Mortgage interestBuildings insurance (excluding contents)Council taxStrata leviesRepairs and maintenancePhoneThis field is for validation purposes and should be left unchanged.
