Amanda Lambert

It’s ridiculous that it is taking so long, and not possible to even speak to anyone about it. I have submitted an online complaint which is showing as ‘in progress’.

I submitted my Form P55 online on 30/4/24. My Personal Tax Account shows this as ‘In Progress’. According to HMRC timescales, I should have received a reply by 9/6/24. To date no reply and no refund. How long should this take to be processed and the refund made? I submitted a Form P55 last year, and received the refund within 2 weeks of submitting the form.

Thank you. So I don’t need to report anything I assume? Should I advise by letter of the disposals or report online on Real Time CGT, or do nothing as no tax to pay?

I have sold shares in 2023/24 tax year raising proceeds over £50,000, and the gains are within the Annual Exemption. My income is within the Personal Allowance and I have never completed an SA return. Will I need to register for SA for 2023/24 because the proceeds from the sale of shares exceeded £50,000 even although gains are within AE and I am not within the SA regime as my income is below the PA?