SA online how to declare capital gain from share sale

[ELBBUBKUNPS]

Hello,

How do I declare any capital gains on my SA from a share sale, I'm within the capital gains allowance threshold so no tax to pay but not sure how to put it on the return ?

Also when I bought the shares I was charged a trading fee 11.95 and stamp duty, do I need to factor these in on the figure I put on the SA so total cost to me was shares + fee + stamp duty or do I just list the actual cost of the shares only not including fee and stamp ?

Also what about when I sold the shares, do I just need to enter the figure the shares sold for before or price sold for - trading fee - PTM levey (PTM levey being some charge for trades over x value) ?

Thanks

[Clare@InTouch]

You may not need to declare it:


You'll need to complete the tax return Capital Gains Tax page if either of the following apply:

your chargeable gains - before deducting any losses - are more than the Annual Exempt Amount - £10,900 in 2013-14
the total amount you received from selling or disposing of assets is more than £43,600 in 2013-14

HM Revenue & Customs: What to report to HMRC for Capital Gains Tax

So if there's no gain and the proceeds were less than 4 times the annual exemption, nothing to report.

[ELBBUBKUNPS]

You may not need to declare it:


You'll need to complete the tax return Capital Gains Tax page if either of the following apply:

your chargeable gains - before deducting any losses - are more than the Annual Exempt Amount - £10,900 in 2013-14
the total amount you received from selling or disposing of assets is more than £43,600 in 2013-14

HM Revenue & Customs: What to report to HMRC for Capital Gains Tax

So if there's no gain and the proceeds were less than 4 times the annual exemption, nothing to report.

Thanks Claire, my total capital gains was not over 10.9k or over £43.6k (I wish had been ) so looks like I dont need to delcare it.

[TheFaQQer]

Thanks Claire, my total capital gains was not over 10.9k or over £43.6k (I wish had been ) so looks like I dont need to delcare it.

Clare

[Clare@InTouch]

Clare

Happens so often I lose the will to correct it myself any more!

[ELBBUBKUNPS]

Happens so often I lose the will to correct it myself any more!

Opps and I should know better as my misses is called Clare and spells it Clare, sorry Clare

[ASB]

If the value of your disposals is greater than 45 odd k (its in the notes) you do need to declare even if there is no cgt due.

[Clare@InTouch]

If the value of your disposals is greater than 45 odd k (its in the notes) you do need to declare even if there is no cgt due.

Indeed, or if you have a capital loss that you want to carry forward to use in future.