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Where Taxpayers and Advisers Meet

Computation for each disposal

Sign
Posts:3
Joined:Sat Sep 18, 2021 8:51 am
Computation for each disposal

Postby Sign » Sat Dec 18, 2021 4:32 pm

You must provide a computation for each disposal of an asset which is not exempt from Capital Gains Tax. If you do not attach a computation you must provide the information in Any other information.

Hi, I am currently in the process of submitting my first self assessment.

Can i ask, the above statement HMRC make. the computation of each disposal, in what format should this look like?

Its just I have 134 individual trades of listed shares; 89 buys and 45 sales i 20/21 tax year. Can i submit a list of each purchase and each disposal in excel, then create a pdf showing all purchase/disposal costs and then calculate the grand total sum, or do I need to show the calculation for each disposal, all 45, relative to the individual purchase?

Thanks for any help.

pawncob
Posts:4879
Joined:Wed Aug 06, 2008 4:06 pm
Location:West Sussex

Re: Computation for each disposal

Postby pawncob » Sat Dec 18, 2021 8:55 pm

Surely an Excel spreadsheet will show each disposal and the gain. Summarise on the return.
With a pinch of salt take what I say, but don't exceed your RDA


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