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Posted Mon, 11 Nov 2024 17:55:25 GMT by yhchan
I am going to complete my self-assessment using the HMRC online service. It states that I can report if I have 1) 'disposed of chargeable assets worth more than £50,000 and 2) chargeable gains are more than £6,000.' What if I sold multiple stocks in the 2023/24 tax year, but the total disposal value is less than £50,000, and the gain is below £6,000? Should I just don't need to report this, or do I need to use alternative software providers?
Posted Wed, 13 Nov 2024 14:56:42 GMT by HMRC Admin 34 Response
Hi,
If you have no capital gains tax to pay, then you do not need to report i.
Thank you

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