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Posted Wed, 13 Dec 2023 17:32:45 GMT by rahul sabherwal
When can we expect the Capital Gains Tax summary notes to be published for 2023-24 like done for Tax year 6 April 2022 to 5 April 2023 (2022–23) https://assets.publishing.service.gov.uk/media/642acb71fbe620000c17db3c/SA108_Notes_2023.pdf
Posted Tue, 19 Dec 2023 11:51:06 GMT by HMRC Admin 19 Response
Hi,

They will not be available until 6 April 2024, when the new tax year commences.

Thank you.
Posted Tue, 19 Dec 2023 11:57:53 GMT by rahul sabherwal
This was available for the previous tax year 2022-2023 in the middle of the tax yer or so. I need to know the following as per the details of the earlier tax year Fill in the ‘Capital Gains Tax summary’ pages if: • you sold or disposed of chargeable assets which were worth more than £49,200 • your chargeable gains before taking off any losses were more than £12,300 (‘annual exempt amount’) I know the chargeable gains are now 6000 for tax year 2023-24 BUT what is the disposal amount ? It is the same as earlier years ie chargeable gains ( capital gains allowance ) x 4 times ie 6000*4 = 24000£ Thank you.
Posted Fri, 22 Dec 2023 14:24:14 GMT by HMRC Admin 32 Response
Hi,

Yes, it is still 4 times the annual exsempt amount so for 2023 to 2024 it is £24000.

Thank you.

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