Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to Wasron,jfgw,Rhyd6,eyeball08,Wondergirly, for Donating to support the site

SA108/CGT Help

Practical Issues
gt94sss2
Posts: 30
Joined: November 11th, 2016, 8:17 am
Has thanked: 12 times
Been thanked: 11 times

SA108/CGT Help

#623981

Postby gt94sss2 » October 29th, 2023, 9:53 pm

I'd be grateful if someone could help me complete the paper SA108 CGT form.

I have read the HMRC guidance but its something new for me and I find it quite confusing. Sadly, I have left it to the last moment to do!

My situation is:

a) I have a historic CGT loss carried forward: What box does this go into?

b) I have two share disposals/losses in 22/23 to claim:

1) Is an EIS company in which I invested £500 (and claimed EIS) which is now winding up - so I understand I can claim the £350 loss against income tax.

2) Was also from a crowdfunding platform (but not EIS eligible) where I invested £5000.10 in Jan 19 and it was subject to a compulsory reorganisation/merger in December 22 when the shareholding was valued at just £476.20

Based on this, am I right in thinking:

Box 31: 2
Box 32:476.20
Box 35: 4873.90 (350+4523.90)
Box 41:350
Box 42:350

3) Does my historic loss + the 4523.90 from 22/23 go into Box 47?

Finally, for a "computation" do I just need to lay out my thinking for each company in 1/2 above in Box 54?

gt94sss2
Posts: 30
Joined: November 11th, 2016, 8:17 am
Has thanked: 12 times
Been thanked: 11 times

Re: SA108/CGT Help

#624110

Postby gt94sss2 » October 30th, 2023, 1:26 pm

Sorry, can't work out how to delete the post!


Return to “Taxes (Practical)”

Who is online

Users browsing this forum: No registered users and 21 guests