YMC

hello, can I ask if share's option would also need a computation worksheet as well?

hello, I have seen in SA108 notes that there is a "computation working sheet" at the end, I can see it requires people to input: 1. Description of asset, for example, type and number of shares sold or address of property 2. Date of Disposal 3. Disposal proceeds 4. incidental cost of disposal 5. Net disposal proceeds 6. date of acquistion 7. incidental cost of acquisition 8. improvement costs 9. total costs 10. gain or loss 11. capital gains elections or reliefs. 12. net gain my question is when I have hundreds of stocks transactions, some of them will follow day trade rule, some of them follow bed and breadfast, and section 104, it will be very very complicated to show everything, or the worksheet will be thick like a dictionary. I would like to know if it is good enough to do in this way, For each share, I gather the following information: Number of disposals, Disposal proceeds, Allowable costs (including purchase price), Gains in the year before losses, Losses in the year, and Profit (Loss) (GBP) so then I can have an excel sheet to put muliple shares in the same table. does it work?

hello, similarly Bond Coupon Payment from Reynolds American Inc BATSLN, though this is a UK company, the interest payment is paid in USD, this should be counted as foreign interest as well?

Hello, got a question about BTI stock, Bristish American Tobacco p.l.c. is a UK registered company, but BTI is 2nd listing stock in New York USA, the stock is trading in USD, they pay dividend in USD as well. so, should this dividend by counted as UK dividend (as this is UK company)? or counted as foreign income (as it is US listed stock and paying USD dividend)? Thank you! Noted. the corresponding UK listed stock is BAT, but I am talking BTI here.

hello, would you pls comment if it is correct to think in this way (the same day rule, bed and breakfast rule, and section 104 rule doesn't really matter because the capital gain is just the different between the Net Asset Value (NAV) at the begin of tax year and the end of tax year.)? If this is correct, it is not necessary to work out the capital gain based on the rules (same day rule, B&B, and section 104), right?

Hello, if I have hundreds of transactions (either buy or sell) of the same shares within the same tax year, and at the end of the tax year, I just sell all of them, i.e. no more that share on hand. And I am not going to trade the same share within 30days in the next tax year. So, the same day rule, bed and breakfast rule, and section 104 rule doesn't really matter because the capital gain is just the different between the Net Asset Value (NAV) at the begin of tax year and the end of tax year. As there are hundreds of transactions, if I need to upload the computation one by one, there will be hundreds of computations, I afraid the online tax return server will not allow me to do so; Can I just put all the transactions into a single excel to shows each transaction's buy or sell date, quantity, and total value, and the same as pdf for tax return purpose? I understand that multiple transactions of same asset of the same day will be counted as 1 disposal only, I will try to count the no. of disposals correctly and report in the tax return, does it work? looking forward your comment ,Thank you!