alexp

Hi, I'm filling in my self assessment and have a few questions what exactly I need to put into the fields there for listed shares disposals. My situation is: I sold shares twice in 22/23 tax year: 1. 120 shares, proceeds 31500, cost 30000, gain 1500 (based on section 104 calculations, no other rules applied) 2. 150 shares, proceeds 30000, cost 30500, loss 500 (based on section 104 calculations, no other rules applied) since the total is 61500 I need to put it in the self assessment (even though total gains are bellow the limit). my understanding of how to fill the listed shares section: 1. Number of disposals: 2 (I assume it number of sales, not the number of shares sold) 2. Disposal proceeds: 61500 3. Allowable costs: 60500 4. Gains in the year, before losses: 1500 5. Losses in the year: 500 6. Total gains or losses on the disposal of an asset of this type reported on Real Time Transaction returns: 1000 My slight concern is that when i fill it this way the self assessment page says that my total gains for the year is 1500. But I'm not sure it's correct (and don't understand for what is will be used). Even though it doesn't matter from tax perspective (both 1500 and 1000 are below the limit), I would like to better understand how to report it correctly since in next years the limit is lower and it might affect the amount of tax I need to pay. Can you please confirm that this is correct? If not please advice how it should filled. Thank you very much for your help in advance!

Hi, I'm renting a property for almost 2 years (started on 31/07/2021). The original lease was for 2 years, rent was 42900 per year. At the end of May we negotiated a MEMORANDUM OF RENEWAL AGREEMENT where we agreed the renewal for 46800 per year starting 31/07/2023. The were some changes to the original agreement like the length (1 year instead of 2), different breaking clause. As the total amount over 3 years will be 132600 I assume that because it exceeds 125k I will need to pay SDLT at a rate of 1% for the difference, which is 76 pounds. So in summary: year 1: 42900 year 2:42900 year 3: 46800 I've tried https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro but I couldn't figure what exactly to put as premium and as for dates. Whatever I tried resulted in the form saying 0 tax due. Can you help me with the form please, what dates, numbers I should use there? Thank you!