A Wong
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RE: How to fill in the worksheet on Forex
Hi HMRC ADMIN, This worksheet does not provided by the other supplier. When I online complete the self assessment form, in the part of the capital gain, there is a worksheet that I need to fill in the details about the gain/loss on the chargeable assets for every transaction, such as the description of asset, disposal proceeds, cost, gain or loss...etc. so I do not know how to fill in the details for the above transaction.
Name removed admin . -
How to fill in the worksheet on Forex
Hi HMRC ADMIN, If I sell 60000 USD to buy 50000 GBP and then sell 50000 GBP to buy 62000 USD, how can I fill this information in the worksheet? Because I rather confuse which USD is the chargeable asset or GBP is the chargeable asset? If GBP is the chargeable asset, that means I just fill in the asset is 50000 GBP, cost of the asset is 60000 USD, and the disposal proceeds is 62000 USD, and make the gain on 2000 USD? Is it correct, if not, how to fill in the worksheet items on this kind of gain? Thanks in advance. A Wong -
RE: Capital gain from buy and sell foreign currency
Hi, Thanks for reply. Does it means I need to fill the section under "Other property, assets and gains" to report this gain from currency? Thanks in advance. -
Capital gain from buy and sell foreign currency
Hi HMRC Admin,Would you like to tell me if I have capital gain from buy and sell foreign currency, which section should I fill in the SA108?Other property, assets and gains? Listed shares and securities? Unlisted shares and securities? Thanks in advance. -
Capital gain from buy and sell foreign currency
Hi HMRC Admin,Would you like to tell me if I have capital gain from buy and sell foreign currency, which section should I fill in the SA108?Other property, assets and gains? Listed shares and securities? Unlisted shares and securities? Thanks in advance. -
Self Assessment (multiple sources of income)
Hi HMRC team For the tax year 2022/2023, I have two cases want to know how to do. Case 1: Income sources from : (i) Salary: around 9700 pounds from UK firm have P60 (ii) Interest: UK interest less than 1,000 pounds; Foreign interest around 2,500 pounds (iii)Dividends: less than 150 pounds (iv) Capital Gain less than 12,300 pounds. In this case, is it need to do the self assessment? Case2: Income sources from : (i) Interest: UK interest around 5,600 pounds; Foreign interest around 9,900 pounds (ii) Dividend: Foreign dividend around 1,900 pounds; (iii) Capital gain less than 12,300 pounds (iv) Freelance salary less than 1,000 pounds. In this case, is it need to do the self assessment? If need to do self assessment, such as freelance salary is below 1,000 pounds, whether need to report this salary, if need it, how to report it? Thanks in advance.
Name removed admin . -
Self Assessment (multiple sources of income)
Hi For the tax year 2022/2023, I have two cases want to know how to do. Case 1: Income sources from : (i) Salary: around 9700 pounds from UK firm have P60 (ii) Interest: UK interest