A capital gains tax return is not always required when an individual sells a property. Whether or not a return is required will depend on several factors, including but not limited to the type of property sold, the capital gain or loss on disposal, the use of the property throughout the period of ownership and the residence status of the vendor. Please note that if a capital gains tax return is required, the deadline for submission is usually 30 days from the date of completion. With high penalties for late submission, timely submission is key.