Identify the gain

Compare the disposal proceeds with the allowable cost and transaction costs. Share matching and pooling rules can affect the calculation.

Report the gain

Check whether the gain must be reported through Self Assessment or another HMRC process. Apply the annual exempt amount and rates for the correct tax year.

Keep share records

Keep purchase confirmations, bonus or rights issue details, dividends that affect cost, transfers, disposal statements and evidence of allowable costs.

Official sources.

Check the current guidance before you rely on a rate, threshold, deadline or relief.

Need help with a share disposal?

Swift Accountancy can help organise the records and discuss the reporting required for a capital gain.

Discuss Capital Gains Tax