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capital gains

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jess222 | 12:43 Sat 03rd Feb 2007 | Business & Finance
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how many years am i liable for capital gains?
if i failed to make a payment how many years must pass before i am no longer liable?
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HMRC can go back 20 years if there has been deliberate or negligent failure to disclose income or gains.

Is this a hypothetical question, or have you got a skeleton in your closet? If so, the best way forward is to voluntarily disclose it - but get some professional advice first.
Presumably since you refer to making payments, you've been previously assessed by HMRC anyway for a previous capital gain. You'd probably have to be declared bankrupt to remove the debt if such a point has been reached,

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