Capital Gains form SA108 must be returned to the UK HMRC because:
The sum of the Disposal Proceeds is greater than £40,400.00
The chargeable gains before deducting allowable losses are more than the annual exemption of £10,100.00
The taxable gains after deducting allowable losses for the year are greater than the annual exemption of £10,100.00
summary
Transaction Summary for Year
number of transactions
5
total chargeable gain
£27,674.37
total loss
£204.53
net gain / loss
£27,469.85
Unused Annual Exemption
£0.00
Unused Total Losses
£0.00
Losses Set Against Gain
this year
£204.53
post 1996-97
£0.00
pre 1995-96
£0.00
total set against
£204.53
Unused Losses
this year
£0.00
post 1996-97
£0.00
pre 1995-96
£0.00
total unused
£0.00
Total Taxable Gains
£27,469.85
Total Liable to Capital Gains Tax
£17,369.85
realised gains
Description
acquisition date
disposal date
disposal proceeds
chargeable gain
current year losses
losses brought forward
taxable gain after losses
Sold 2,660 ASOS
11 Jan 09
23 Apr 09
£9,124.33
£2,221.65
£204.53
£0.00
£2,017.13
Sold 3,000 Standard Chartered
13 Mar 09
8 May 09
£39,000.00
£20,887.06
£0.00
£0.00
£20,887.06
Sold 1,000 Chloride Grp
2 Jun 09
23 Sep 09
£1,870.20
£276.80
£0.00
£0.00
£276.80
Sold 7,500 Healthcare Locums
16 Jul 09
9 Oct 09
£19,237.50
£4,288.85
£0.00
£0.00
£4,288.86
£69,232.03
£27,674.37
£204.53
£0.00
£27,469.85
realised losses
Description
acquisition date
disposal date
disposal proceeds
relief claimed
losses arising
Sold 500 Kalahari Minerals
17 Sep 09
16 Dec 09
£840.00
£0.00
£204.53
£840.00
£0.00
£204.53
Disclaimer:
Sensatus has made reasonable endeavours to ensure that the content provided is accurate and complete, but this can not be guaranteed.
The content is based on a set of assumptions and does not cover all scenarios.
Before using any of the content provided for the completion of HMRC tax returns or other
purposes, you must consult with a professional tax advisor.
