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Posted Thu, 30 Nov 2023 21:43:16 GMT by
Hi, I'll completing a self assessment for the first time. In the tax year 2022-23, I sold some shares, the total proceeds value of the sale was £6k, with a gain of £1k. This is below the annual Cap Gain tax free allowance so no tax is due to be paid. When I enter this information in the self assessment, it says I do not need to add the Cap Gain section, if I then remove the Cap Gain section, at the end it askes me to confirm I did not dispose of any chargeable assets, but I did sell the shares? So do I need to fill in and report the Cap Gain section for these share sales of £6k, with £1k gain, in my self assesment?
Posted Mon, 04 Dec 2023 15:23:01 GMT by HMRC Admin 8
Please scroll to the bottom of the capital gains section and click on delete, then confirm.  
Where the capital gain is less than the annual exempt allowance, then, there is nothing to report.
Thank you.

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