Sarah
Joined: 7/1/2024
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Declaring income from selling foreign shares
In the 2023-2024 tax year I sold my Australian shares and did not pay Australian tax on the profit as I'm no longer a resident. The total profit I made is about £2500. I understand I need to do a Self Assessment to declare this but I'm very confused regarding which option on the 'foreign income' page this would fall under. The most fitting answer I can fine is 12 'Any other overseas income and gains'? I have looked into a tax advisor but the quote have been so expensive that I'm trying to sort this on my own, but finding it very baffling! Many thanks for any advice.