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Posted Mon, 14 Oct 2024 15:57:07 GMT by Tansimpson simpson
Hi I have sold shares and made a gain, but also sold shares and made a loss. The net gain is less than the CGT allowance for 23/24. Do I still need to file a return? Thanks
Posted Wed, 23 Oct 2024 08:17:51 GMT by HMRC Admin 19 Response
Hi,
You do not need a return, but you still need to report them as in year losses must be used first, even if that means you lose out on the annual exempt amount. You can send a computation to us at:
HMRC,
PAYE & Self Assessment,
BX9 1AS
Thank you.

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