1. 30 day payment window

From April 2019, a payment on account of any CGT due on the disposal of residential property will be required to be made within 30 days of the completion of the disposal. This will not affect gains on properties which are not liable for CGT due to Private Residence Relief. The government will publish draft legislation for consultation in 2016.

  1. CGT for non-residents disposing of UK residential property

Computations required by non-residents on the disposal of UK residential property will change with retrospective effect from 6 April 2015 by removing a double charge that occurs in some circumstances and by correcting an omission, with effect from 25 November 2015. The government will also give HMRC powers to prescribe circumstances when a CGT return is not required by non-residents and will add CGT to the list of taxes that the government may collect on a provisional basis.