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Posted Thu, 28 Jul 2022 00:15:00 GMT by Edward
Hello With reference to exchange listed shares when providing the list of disposals and relevant calculations required to complete Capital Gains Tax Summary form SA108 ( page CG2 Boxes 23-28 and 31-36) is it sufficient to provide for each share sold the Allowable Cost ( i.e. worksheet Total Cost box G=D+E) and Net Disposal Proceeds (i.e. worksheet Net Disposal Proceeds box C=A-B) without providing the split between box D Purchase Cost & box E Incidental cost of acquisition and the split between box A Sales Proceeds & B Incidental costs of sale? I have sold about 110 shares on a UK retail online share dealing platform that when downloading the various transactions only provides share transaction description, quantity, direction (bought or sold) and final amount (i.e. total cost paid or net sales amount received). In order to provide the breakdown between execution amount (boxes A & D) and incidental costs (boxes B &E) such as commission, stamp duty tax, PTM levy, etc I would need to manually write down all this information from each individual contract for the about 110 disposals. Is this necessary? The end result will be the same as the final cost/proceeds amounts provided in the platform's downloaded csv file. Thank you. Regards Edward
Posted Thu, 28 Jul 2022 12:47:52 GMT by HMRC Admin 20
Hi Edward,

Yes you can.
You may be asked at a later date for a more comprehensive breakdown if your return is selected for review.

Thank you.

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