Capital Gains Tax – Individuals (part 5)Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Capital Gains Tax – Individuals (part 5)This topic has 4 replies, 3 voices, and was last updated 1 year ago by JillyB.Viewing 5 posts - 1 through 5 (of 5 total)AuthorPosts November 8, 2023 at 12:46 pm #694546 chloemccabeParticipantTopics: 14Replies: 8☆Hi,In the lecture in mentions a POA and return needing to be done for residential properties within 30 days.However, HMRC states 60 days for selling a property, https://www.gov.uk/tax-sell-propertyIs the lecture referring to if its a persons main residence and has lived rather than a business/inherited asset.If not what’s the difference please?Thanks, Chloe November 9, 2023 at 10:23 am #694577 JillyBKeymasterTopics: 0Replies: 899☆☆☆☆The rule was 30 days and has been increased to 60 days. It applies to ANY residencial property where tax is due on a gain November 18, 2023 at 8:40 pm #695080 chloemccabeParticipantTopics: 14Replies: 8☆Do I need to use 60 days in the exam for December then? 🙂 November 19, 2023 at 7:38 pm #695122 zzhzzcc01ParticipantTopics: 1Replies: 3☆I think so. I will use 60 days. November 21, 2023 at 12:55 pm #695198 JillyBKeymasterTopics: 0Replies: 899☆☆☆☆yes use 60AuthorPostsViewing 5 posts - 1 through 5 (of 5 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In