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Re: CGT - how does it work when filling out online tax return

Posted: April 5th, 2024, 12:28 pm
by MuddyBoots
I've never had to do a Self Assessment tax return, but when I discovered recently that I had a small CGT payment to make, and on gov.uk I came across the "CGT Real Time Transaction Return" which is like a slimmed down tax return for an individual CGT calculation. I'm on PAYE for my income tax so I want to keep things simple.

I did the real time return but I'm now wondering how that meshes with the other taxes: I think I might be due for an IT rebate this tax year (23/24), so would the system let me offset CGT and IT balances at the year-end?