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Posted Tue, 25 Jun 2024 08:36:13 GMT by rugbyplayer123
Hi I was given some US shares in 2 batches - 1 batch 22 years ago and 1 batch 2 years ago by my dad. They were all given to my dad as part of a share save scheme. I sold them all in a single transaction in January. 1) do I have to decalre these on my self assessment? 2) If i do, where ? 3) what numbers do i put down? On the statements that I have there is "covered" and "uncovered" gains etc - is this what i put or the net amount of the sale? thx
Posted Fri, 28 Jun 2024 12:34:03 GMT by HMRC Admin 25 Response
Hi rugbyplayer123,
1. Yes this will be seen as a capital gain for the sale of the shares.
2. The capital gains section/SA108
3. Please refer to guidance here:
Shares and Capital Gains Tax (Self Assessment helpsheet HS284)
Thank you. 

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