capital gains question

[HelenF35]

When filling out my tax return I am trying to work out if I need to fill out the capital gains sheet once I sell my house. I will have a gain from the property sale (hopefully!) but it will be less than the annual persona allowance allowance after taking off prr and lettings relief. I don't think I have to fill it in as it says you don't need to if the chargeable gain is less than £11,100. I assume the chargeable gain is the gain after reliefs are taken off? Can anyone clarify? Thanks

I would have thought you do need to fill it in otherwise thy won't know you have used your allowances.

If it's your private residence and you have rented it out - no you don't need to fill it in

If it has been a rental property then you need to fill it in

I suggest ask on money-saving-expert forums.

lljkk - Well I'm an accountant so what I have said is correct

IceMaiden: So was OP wrong when she wrote:

"I don't think I have to fill it in as it says you don't need to if the chargeable gain is less than £11,100." Your previous post didn't address that specific point about the chargeable gain being below a form-waive threshold (which is why OP asked).

What if it was rented for 10 years, until a year ago when she moved back in?

If it was your main residence and you let out a room and shared the kitchen, bathroom etc with the tenant, then no return necessary.
If you moved out and let it whilst living elsewhere, even if you rented, then you have to disclose the gain if the sale proceeds are more than £44,400.