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Posted Tue, 23 May 2023 09:30:40 GMT by SamSam
Dear Sir, I will apply for remittance basis to file my foreign income and foreign capital gain or loss from listed shares. I have asked a friend who engaged accountant to assist in the tax filing. He told me that under remittance basis, no foreign capital gain or loss from listed shares are required to report or fill any form? I have noted that in SA108, it seems that no area to fill in foreign capital gain or loss from listed shares? Anybody can advise? Thanks! I have foreign bank saving interest, foreign capital gain or loss from listed shares and foreign property income. Which form I should fill in to file the tax under remittance basis. Just the form SA100, SA106 and SA109 only? But in the form of SA106 foreign income, no area to fill the foreign capital gain or loss from listed shares. If I need to fill capital gains tax summary of SA108, how can I tell HRMC all such capital gain or loss from listed shares are foreign gain or loss and unremitted? It is because no separation of this part is noted. In addition, should I also file the computation or just fill in the form? Thanks a lot!
Posted Thu, 25 May 2023 11:22:47 GMT by HMRC Admin 32
Hi,

Please refer to guidance at:

Paying tax on the remittance basis (Self Assessment helpsheet HS264)

Thank you.
Posted Mon, 29 May 2023 19:23:47 GMT by SamSam
I have read but it is not clear. I did not note I need to fill foreign capital gain or loss from listed shares. I am not sure and therefore, I ask for help. Thanks! I have consulted with accountant and he told me that under remittance basis, no foreign saving interest, foreign property income and foreign capital gain or loss from listed shares are required to file. Therefore, SA106 and SA108 was not required to file. Just file SA100 and SA109 only. Please help. Thanks!
Posted Thu, 01 Jun 2023 08:47:38 GMT by HMRC Admin 25
Hi SamSam,
If you are not remitting any of the foreign income then forms SA106 and SA108 are not required.
Please note the guidance previously given at HS264 as it will still be a remittance if the income is used to purchase goods i nthe UK
Thank you. 
 

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