Can I just check how others are reporting gains on the sale of a property in an estate.
Previously my understanding was that the online reporting did not work where as agent we were reporting the gains on behalf of the executor so we completed the paper return PPDCGT.
Looking online now it looks like it should be possible but in my case the property was jointly owned with the Exor who has engaged us to deal with her personal reporting so we authorised as agent in that regards but I think if we try to deal with the estates gains online it will cause a problem.
I am mostly still doing these on paper but then most of the PRs I am dealing with are non-UK resident and thus required to do a return regardless of whether they make a profit or loss. Mostly so far they have also been making losses.
I always complete paper returns for estates and send with a letter of authority signed by the executor, confirming they have authorised me to deal. Main thing is to make sure the deceased’s NI number is clearly shown on the cover letter as well as the CGT Return as that will (or should!) be what they save it under when they scan the document in.
Only downside is it can take a few months to get the CGT payment reference from HMRC, but you then get around a month to make the payment once you have the reference.