HMRC Consultation: Capital gains tax payment window for residential property gains

Released 11 April 2018

HMRC are inviting views on the new system for making payments on account of capital gains tax when disposing of residential property from April 2020.

HMRC have launched a technical consultation on the calculation and administration of payments on account of capital gains tax to be made when a residential property is sold or otherwise disposed of, such as by giving it away, from April 2020. Payment will be due within 30 days of the completion of the disposal. The changes mainly affect those disposing of a second home or rental property and will not apply where the gains are not chargeable to capital gains tax, for example, where the gains are covered by private residence relief. The consultation is seeking view on:

how the amount payable will be calculated;

the administration of those payments;

changes to an existing capital gains tax payment on account system for non-residents who dispose of UK residential property.

The consultation closes at 11:45 p.m. on 6 June 2018. Responses can be submitted by email to: or by writing to:

Alan McGuinness
CGT Payment on Account Consultation
HM Revenue and Customs
Room G49
100 Parliament Street
London SW1A 2BQ

View the Open consultation Capital Gains Tax: Payment window for residential property gains.

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