Last edited: 6 Dec 2018 Hi All, I would appreciate if someone could clarify CGT and dates for me please? House 1 ... sale agreed and will be liable to a CGT payment . House 2 ... will possibly go up for sale early in 2019 and will be probably sold at a loss I’m selling House 1 which will have a CGT payment due, now. The purchaser paid the deposit on the 3rd and I have signed our side on the 4th Dec. I have a closing date of Jan 2nd in mind. Am I right in saying that if I close this month in December, I cannot offset the probable loss of House No. 2 next year. But if I wait until January, I can? Or is the date of the contract - the date the deposit was paid and countersigned, the date that is used for CGT calculations? Hope this makes sense to you... basically is the date of a contract the date that the sale closes or the date a deposit is received? Many thanks.