Total proceeds on disposals from April 6th 2023 - 100k for joint holders? 12k annual exemption?

Hi,

As the shares are jointly owned, they both need to calculate their capital gains liability separately.  Gains should be reported using the realtime capital gains service at:

Report and pay your Capital Gains Tax

or on a self assessment tax return if they do not use the service before 31 December after the tax year has ended.  Capital gains tax need only be reported in a self assessment tax return, if the following two statements are both 'true'.  1 - Do you need to complete a self assessment tax return for any other reason? and 2 - have you disposed of assets with a value over £50000.

Thank you.

If they disposed of £99999 and made gains of £11999 then separately their disposal would be calculated at under £50k and under the £6k gain allowance so that would mean that they would not need to report anything. Is that correct?

Hi keith7819,
You are correct. 
Thank you.