Bit of an unusual one. Client has just sold a residential property at a gain. There will be capital gains tax due of around £1,000 on this.
They have also jut cashed in a pension. Taking account of their other income, they will likely get about £2k back from this pension when the 2022 return is done.
Net position is going to be a reayment of approximately £1,000, but the CGT aspect of this is a £1,000 liabiity. Do they need to do a 30 day return and pay the tax now?
I'm off to investigate but was interested if anyone had come across yet.