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Posted Tue, 22 Oct 2024 12:28:11 GMT by mm7
I’m a shareholder of a company which is going through liquidation. As part of this process, a proportion of the monies were paid out to me in tax year 2023/24.
I’m currently filling out my self assessment along with the SA108 form for CGT online.

 Would both my spouse and I be able to use our CGT Allowances towards this Capital Gain for tax year 2023/24? If yes, would we both have to submit self assessments and declare 50% of the monies on each SA108 form?

Posted Tue, 29 Oct 2024 11:35:37 GMT by HMRC Admin 19 Response
Hi,
As the money has already been paid out, it is only you that will declare any gain or loss.
Thank you.

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