john smith

I've since found out that the correct way of filling in the SA200 page 3 para 7 to be to just just put an X in the box that refers to Capital Gains and leave the other boxes blank. Capital is not classed as other income. This isn't clear on the form especially as CGT is mentioned in 7.4.

I've since found out that the correct way of filling in the SA200 page 3 para 7 to be to just just put an X in the box that refers to Capital Gains and leave the other boxes blank. Capital is not classed as other income. This isn't clear on the form especially as CGT is mentioned in 7.4.

In the "Other Income and Capital Gains" section on SA200 paper form, para 7.1 "Other Income", should I write in here the taxable CGT amount & then in 7.3 state "Capital Gain"? This is what I have done in the past 2 tax years & each time this sum gets included as Income (as "other income") and again as a Capital gain and so I get taxed twice on it. I've tried phone & on line but cannot find any options to ask HMRC this question or to get my over paid tax back. Thanks.

I've got taxed twice for CGT after sale of a property. It could be due to an error on my part filling in the paper self assessment form SA200? Under "Other Income" (7.1 on page 3) I entered the taxable gain amount & stated in box 7.3 that it came from a capital gain (I enclosed the CGT form SA108 detailing calc etc) Was I correct in doing this? On my Self Assessment tax calculation from HMRC I have now been taxed on this under "Income Received" ("Other Income") at 40% and also again as "plus Capital Gains Tax" at 28%. It's been impossible to ask HMRC as there are no options either on line or by phone to enquire about errors. Any advice on what went wrong & how to rectify this would be much appreciated. Thanks.