Sale of foreign property and impact on Child Benefit query

DaveG20

I've recently sold a foreign property (at a capital loss, so no CGT). My question is does the money from the sale of that property (or asset) count as income which can affect Child Benefit (with the 50K threshold)? I have called HMRC who told me to call Child benefit, who told me to call HMRC!
The money form the sale is income but not earned income and I intend to reinvest it.
Any help form someone who knows this area would be most welcome.

Jeremy535897

Why do you say the money from the sale is income if you made a capital loss?

DaveG20

Thanks - this is sorted now after taking advice from an accountant - the sale money is not considered as taxable income and does not affect Child Benefit.

Cook_County

The gain is calculated using the daily exchange rate for the date of purchase and the daily exchange rate for the date of sale.  There can often be a gain in pounds even if there is a loss in local currency. Have you calculated using accurate exchange rates?