CGT on property sale

Adly812

Looking for some clarity on my understanding with CGT and selling a second property. 
I know you need to report and pay CGT on property sales within 30 days of completion, but in my case please can someone advise me on my this before I instruct an accountant.

Property purchased in 2019 for £33950. Solicitors fees were £ 885 (also - Not sure if these are allowances but if so the deed of covenant fee, land registry, lawyer check Etc on disbursements were £285)   

In 2020 a sale fell through , however it cost me fees for the agent and solicitor of £937.

I’m in the midst of another sale and crossing fingers I complete. 

 Sale price agreed is £35000, with the agreement that the buyer will also reimburse me for £4000, a bill I have just paid the management company for building safety remediation, upon completion. Solicitors fees are £895 (disbursements I anticipate will be +-£200)  

The flats are valued at around 38-42k, identical flat sales are very much in this region. 

I used the HMRC property calculator and it says there is no CGT to pay for this sale. 

However do I still need to report it within 30 days? I only query this as the sale proceeds are not four times the CGT allowance? 

Any replies greatly appreciate it so I can prepare accordingly. 

Jeremy535897

Anything you have to pay to acquire a property is deductible, like land registry fees.

Anything you incur on an abortive sale is not deductible.

UK residents only need to report property gains within 30 days if there is tax to pay.

The reporting of disposals where proceeds exceed £49,200 is a requirement for the self assessment tax return, and applies whether there is tax to pay or not. See the notes to SA108:

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/974133/SA108_English_Notes_2021.pdf

Adly812

Thank you for confirming. So in my case above, there really nothing for me to report or even put on the SA at all, is that correct? 

Jeremy535897

Adly812 said:

Thank you for confirming. So in my case above, there really nothing for me to report or even put on the SA at all, is that correct? 

That is correct, based on what you say, if you have no other capital gains in 2021/22.

Adly812

Yes above figures are pretty spot on and no other cgt in 2021/22 predicted.

Thank you for your help and replies explaining