CGT Returns Data - transferring Data to CGT Summary (Residential Property Sale)

Hi, Filling in my paper Tax Return (I live in Australia and not eligible to complete it online). I've Sold my UK property in this tax year and I submitted the CGT Return form at the time of the house sale. It calculated that I have £0 tax to pay. CGT Return Data: Gain on Property (Value sold property (280,000) - cost of property when acquired it (152,000) - all costs( 24,385) = 103,625 Straight-line apportionment method was used and the TOTAL GAIN was calculated at £ 40,715 DEDUCTIONS (Reliefs (PRR =25,088) + brought forward Losses (9,627) + Annual exempt Amount (6,000)) = 40,715 TAXABLE GAIN (Total Gain - Deductions) = £0 I am trying to fill out the CGT Summary sheet for my Tax Return (Residential Property; Boxes 3 - 13). I am unsure what figures to insert into BOXES 5, 6, 7 & 9. Box 4 - Disposal Proceeds = 280,000. (straightforward ) Box 5 - Allowable Costs = 176,385 (cost of property (152,000) + All costs (24,385)) Box 6 - Gains in year, before losses = ? IS this the TOTAL Gains (40,715) or the TAXABLE Gains (£0)???? Box 7 - Losses in the year = ? IS this the Brought forward losses from other years that was used in the DEDUCTIONS of the CGT Return? Box 8 - If your'e making any claim... - PRR (Private Residential Relief) Box 9 - Total Gains or Losses on UK Residential property reported on CGT Property Disposal returns = ? IS this TOTALl (40,715) or TAXABLE Gains (£0)? Is this the same figure as BOX 6? Box 10 - Tax on Gains in box 9 already charged = £0 BOX 11/12/13 all pertain to non-UK property so I have left blank. I presume I do not include the £6,000 Annual Exempt Amount in to the CGT summary form? Is this automatically applied? There is no-where on the form to insert the PRR and the B/f losses? Or am I supposed to include those in Box 5 (Allowable Costs)? There is no-where on the CGT Summary sheet to include the savings from the Straight line apportionment. (Or is this reflected in Box 6?) Thanks you in Advance!!! Susan

Hi susan72,
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