SFSF
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SA103S- Business details
Dear team, Kindly please assist on the following questions. Thanks. Background: Freelance labor (2 jobs done) 1st job started on 12/03/2023, payment received on 12/04/2023. 2nd job payment received in January 2024. Form SA103S Q1: Box 2, should I put the postcode of my home as I am a freelance labor? If so, is this for the period covering from 06/04/2023 to 05/04/2024? or the current postcode as I moved in June 2024. Q2: Box 3, home moving in June 2024. It is after 5 Apr 2024 but in the last 12 months when I submit the self-assessment. Should I treat it as changed of postcode? Q3: Box 5 business starts date, should I put the date of payment received? Or leave it blank as the project started before 05/04/2023? Q4: Box 6, should I leave it blank as I may have future projects? Or I should put 05/04/2024? Or I should put the last job payment receiving date (January 2024)? Q5: Box 7, should I put 05/04/2024? -
RE: Form SA108 - Capital Gain Tax on residential property
Noted for box 6. Total gain including relief. How about box 11? Including relief or not? Please advise. Thanks. -
RE: Form SA108 - Capital Gain Tax on residential property
Quote from the Capital Gains Tax summary notes:- Box 11 Total gains or losses on non-UK residential property or carried interest reported on Real Time Transaction returns If you’ve made returns using the ‘real time’ Capital Gains Tax service, put the overall gain or loss in box 11. If the result for the year was a loss, put a minus sign in the shaded box in front of your figure. These individual gains and losses will also need to be included within the box 6, box 7 and box 13 entries as necessary. Enter the reference numbers of any ‘real time’ Capital Gains Tax submissions made in box 54. End quote - It only mentioned about 'real time transaction', it doesn't say whether the relief has to be included on the gains/ losses from non-UK residential property or not. Is that mean the amount exclude the relief? Please advise. -
RE: Form SA108
Questions on form SA108 Residential property Box 6, should put the net gain including the PRR? Box 11, mine was a non-UK residential property, should I put the total gain or the net gain including the PRR? -
Form SA108 - Capital Gain Tax on residential property
I have sold the overseas main home 10 mths after moving to UK. Understand that I have partial PRR and need to report via form SA108. For box 6, should I put the total gain or net gain (including the relief)? For box 11, what should I input? Should I round up or down for all the amount input? Please confirm if I should use the monthly exchange rate obtained from the National Archives HMRC.