yesimhere799

Hi, I would like to clarify how to appropriately report the sale of a share in a foreign unlisted company (family business in Poland) considering I have also sold shares in a UK listed company as outlined below. To provide the key context: - I’m a dual British/Polish citizen resident and full-time employed in the UK - in the current tax year, I have sold shares in a UK publicly listed company. Those shares were a 3 year SAYE employer scheme. This sale resulted in a capital gain just under the 6k GBP allowance threshold. Therefore, no CGT is due on this transaction, however, I have used up all my CGT allowance. - I sold the foreign company share for 6k GBP and I do not wish to claim any tax relief. Originally, I've inherited the shares in the company from my father (in Poland no tax was due on this inheritance). Therefore, unlike for the UK listed stock I do not have a purchase and sell price that would allow me to easily calculate the capital gain. Therefore, I assume that tax is due on the full sale price i.e. 6k in this case. - Overall, the value of all the above shares I've disposed off is below 50k GBP threshold Questions: 1. In which section of the self assessment form should the foreign company share sale be reported. Is this meant to be reported in the CGT section (ignoring the fact it is a foreign asset) or should it somehow be reported in the foreign income section instead? 2. If this sale should be reported in the CGT section, how to complete the form since if I indicate that the total value of the disposed assets is below 50k but the chargeable gain is above 6k the form returns an error message and cannot be saved. In this specific case I believe the total chargeable value is 12 k (6k from the increase in value in the employer SAYE shares on which CGT is due but covered by the allowance + 6k from the sale of the unlisted foreign company share) Many thanks!