Capital Gains
Before filling in the Capital Gains section, you will need to calculate any gains or losses. A separate computation will be required for each asset or type of asset sold or disposed of.
You must send HMRC your computations, valuations and specified claim forms with the tax return.
Residential Property
Residential Property Summary
| Number of disposals |
Number of disposals is calculated based on the associated entries made in Residential Property Details, Details and Prior Year Gains and Carried Interest. |
| Disposal proceeds |
Disposal proceeds is calculated based on the associated entry made in Residential Property Details. |
| Allowable costs |
Allowable costs is calculated based on the associated entry made in Residential Property Details. |
| Gains in the year (excl. NRCGT) |
Gains in the year (excl. NRCGT) is calculated based on the entries made in Residential Property Details and Prior Year Gains and Carried Interest. |
| Losses in the year (excl. NRCGT) |
Losses in the year (excl. NRCGT) is calculated based on the entries made in Residential Property Details. |
| Type(s) of claim or election |
Select the appropriate option from the dropdown menu and, where applicable, enter the relevant amount in Reliefs claimed. Further details of the election or claim should also be entered in Any other information (located in Losses and Adjustments) and included in your computation(s). |
Residential Property Details (excl. NRCGT)
| Number of disposals |
Enter the number of disposals of interests in residential property assets (excl. NRCGT) made during the current tax year. |
| Disposal proceeds |
Enter the total disposal proceeds for all interests in residential property assets (excl. NRCGT) before taking into account any reliefs or claims. |
| Allowable costs |
Enter the total allowable costs (including purchase price). |
| Reliefs claimed |
Enter the total amount of relief claimed. |
| Gains in the year |
Gains in the year is calculated based on the entries made in Disposal proceeds, Allowable costs and Reliefs claimed. |
| Losses in the year |
Losses in the year is calculated based on the entries made in Disposal proceeds, Allowable costs and Reliefs claimed. |
| Gains or losses reported on UK property disposal return(s) |
If a Capital Gains Tax UK Property Disposal return was submitted during the tax year for the disposal of an interest in UK residential property or properties, enter the overall gain or loss. If the result for the year is a loss, enter a negative figure. This figure should already be included in the total for Gains in the year or Losses in the year. Enter the reference numbers of any Capital Gains Tax UK Property Disposal returns in Any other information (located in Losses and Adjustments). |
| Tax paid on UK property gains |
Enter the total amount of tax paid on the Capital Gains Tax UK Property Disposal returns. |
| Gains or losses reported on non-UK property disposal return(s) |
As above, for non-UK residential property. |
| Tax paid on non-UK property gains |
As above, for non-UK residential property. |
Non-Resident CGT Details (Pre 2020 tax years)
| Number of disposals |
Enter the number of disposals reported on NRCGT return(s). |
| Gain or loss reported on NRCGT return(s) |
Enter the total amount of gains chargeable to non-resident Capital Gains Tax (NRCGT), after any NRCGT losses of the year, reported on NRCGT return(s). If the result for the year is a loss, enter a negative figure. Enter the reference number(s) of the NRCGT returns in Any other information (located in Losses and Adjustments). |
| Tax reported on NRCGT return(s) |
Enter the total amount of non-resident Capital Gains Tax included on the NRCGT returns for the year. |
Listed Shares and Securities
| Number of disposals |
Enter the number of disposals made during the current tax year. All disposals of the same class of share or security in the same company made on the same day should be counted as a single disposal. |
| Disposal proceeds |
Enter the total disposal proceeds (before taking into account any reliefs, claims or elections). |
| Allowable costs |
Enter the total allowable costs (including purchase price). |
| Reliefs claimed |
Enter the total amount of relief claimed. |
| Gains in the year, before losses, after reliefs |
Gains in the year, before losses, after reliefs is calculated based on the entries made in Disposal proceeds, Allowable costs and Reliefs claimed. |
| Losses in the year |
Losses in the year is calculated based on the entries made in Disposal proceeds, Allowable costs and Reliefs claimed. |
| Type(s) of claim or election |
Select the appropriate option from the dropdown menu and, where applicable, enter the relevant amount in Reliefs claimed. Further details of the election or claim should also be entered in Any other information (located in Losses and Adjustments) and included in your computation(s). |
| Gain or loss reported on Real Time Transaction (RTT) return(s) |
If a Real Time Transaction return was submitted during the tax year for the disposal of listed shares, enter the overall gain or loss. If the result for the year is a loss, enter a negative figure. This figure should already be included in the total for Gains in the year or Losses in the year. Enter the reference number(s) of any Real Time Transaction return(s) in Any other information (located in Losses and Adjustments). |
| Tax paid on RTT gains |
Enter the total amount of tax paid reported on the Real Time Transaction return(s). |
Unlisted Shares and Securities
| Number of disposals |
Enter the number of disposals made during the current tax year. All disposals of the same class of share or security in the same company made on the same day should be counted as a single disposal. |
| Disposal proceeds |
Enter the total disposal proceeds (before taking into account any reliefs, claims or elections). |
| Allowable costs |
Enter the total allowable costs (including purchase price). |
| Reliefs claimed |
Enter the total amount of relief claimed. |
| Gains in the year, before losses, after reliefs |
Gains in the year, before losses, after reliefs is calculated based on the entries made in Disposal proceeds, Allowable costs and Reliefs claimed. |
| Losses in the year |
Losses in the year is calculated based on the entries made in Disposal proceeds, Allowable costs and Reliefs claimed. |
| Type(s) of claim or election |
Select the appropriate option from the dropdown menu and, where applicable, enter the relevant amount in Reliefs claimed. Further details of the election or claim should also be entered in Any other information (located in Losses and Adjustments) and included in your computation(s). |
| Gain or loss reported on Real Time Transaction (RTT) return(s) |
If a Real Time Transaction return was submitted during the tax year for the disposal of unlisted shares or securities, enter the overall gain or loss. If the result for the year is a loss, enter a negative figure. This figure should already be included in the total for Gains in the year or Losses in the year. Enter the reference number(s) of any Real Time Transaction return(s) in Any other information (located in Losses and Adjustments). |
| Tax paid on RTT gains |
Enter the total amount of tax paid reported on the Real Time Transaction return(s). |
| Gain exceeding Employee Shareholder lifetime limit |
Enter the total amount of gains exceeding the lifetime limit for Employee Shareholder Status shares. |
| Gain qualifying for relief under Seed EIS |
Enter the total of all gains made on the disposal of assets in the current tax year where, because of reinvestment into shares issued, or treated as issued, in that year by one or more Seed Enterprise Investment Companies, they qualify for exemption. The claim forms, provided with the SEIS3 certificates, should be attached to the tax return in Attachments for Online Filing. |
| Losses used against current year income |
Enter the total amount of losses used against current year income. |
| Amount above relating to EIS / Seed EIS relief |
Enter the amount included in Losses used against current year income for shares that Enterprise Investment Scheme or Seed Enterprise Investment Scheme Relief is due. |
| Losses used against previous year income |
Enter the total amount of losses used against the previous year’s income. |
| Amount above relating to EIS / Seed EIS relief |
Enter the amount included in Losses used against previous year income for shares that Enterprise Investment Scheme or Seed Enterprise Investment Scheme Relief is due. |
Business Asset Disposal Relief, NRCGT and Other Gains
Other Property, Assets and Gains
| Number of disposals |
Enter the number of disposals of property (other than residential property) or assets made during the current tax year. |
| Disposal proceeds |
Enter the total disposal proceeds for other property and other assets (before taking into account any reliefs or claims). |
| Allowable costs |
Enter the total allowable costs (including purchase price). |
| Reliefs claimed |
Reliefs claimed |
| Prior year gains after reliefs |
Enter the amount of gains from earlier years. |
| Gains in the year |
Gains in the year is calculated based on the entries made in Disposal proceeds, Allowable costs, Reliefs claimed and Prior year gains after reliefs. |
| Losses in the year |
Losses in the year is calculated based on the entries made in Disposal proceeds, Allowable costs, Reliefs claimed and Prior year gains after reliefs. |
| Type(s) of claim or election |
Select the appropriate option from the dropdown menu and, where applicable, enter the relevant amount in Reliefs claimed. Further details of the election or claim should also be entered in Any other information (located in Losses and Adjustments) and included in your computation(s). |
| BADR and ER claimed by 5 April YYYY |
Enter the total amount of Business Asset Disposal Relief and Entrepreneurs' Relief claimed up to the start of the current tax year. |
| Gain qualifying for BADR |
Enter the amount of gains to be charged at the Business Asset Disposal rate of capital gains tax, where Business Asset Disposal Relief has been selected as the Type of claim or election. |
| Total BADR and ER claimed |
Calculated as the sum of BADR and ER claimed by 5 April YYYY and Gain qualifying for BADR. |
| Amount of gain qualifying for Investors' Relief |
Enter the amount of gains to be charged at the Investors' rate of capital gains tax, where IR (Investors' relief) has been selected as the Type of claim or election. |
| Gain or loss reported on Real Time Transaction (RTT) return(s) |
If a Real Time Transaction return was submitted during the tax year for the disposal of other property and assets, enter the overall gain or loss. If the result for the year is a loss, enter a negative figure. This figure should already be included in the total for Gains in the year or Losses in the year. Enter the reference number(s) of any Real Time Transaction return(s) in Any other information (located in Losses and Adjustments). |
| Tax paid on RTT gains |
Enter the total amount of tax paid reported on the Real Time Transaction return(s). |
| Attributed gains where personal losses cannot be offset |
Enter the amount of any gains, capital payments or benefits, received as a beneficiary from a non-UK resident trust. |
Non-Resident CGT Details (2020 and later)
| Gains from disposals of UK residential property chargeable to NRCGT |
Enter gains from disposals of UK residential property made by non-residents. |
| Gains from disposals of UK non-residential property chargeable to NRCGT |
Enter gains from disposals of UK non-residential property made by non-residents. |
| Amount above includes indirect disposals |
Tick the box to indicate that the amount entered in Gains from disposals of UK non-residential property chargeable to NRCGT includes indirect disposals. |
| Tax already paid on NRCGT gains |
Enter the amount of tax already paid on the gains chargeable to non-resident capital gains tax entered above. |
| Losses available against NRCGT gains |
Enter the amount of losses available to be set against non-resident capital gains. |
Non-Resident Capital Gains qualifying for Business Asset Disposal Relief
To report Non-Resident Capital Gains qualifying for Business Asset Disposal Relief you should:
- Complete the Non-Resident CGT Details section.
- Complete the Business Asset Disposal Relief section.
- HMRC's tax calculation will double-count the gain. So you'll need to enter an adjustment in Losses and Adjustments - Adjustments to Capital Gains Tax.
Qualifying Asset Holding Companies (QAHC)
Details of any gains or losses in this section should already be included in the relevant sections elsewhere in the Capital Gains module.
| Gains from disposals of excluded indexed securities |
Enter the amount before losses and reliefs |
| Gains from QAHC share repurchases and security redemptions |
Enter the amount before losses and reliefs |
| Losses from QAHC share repurchases and security redemptions |
Enter the total amount of losses from QAHC |
Losses and Adjustments
| Capital losses brought forward
|
Enter the total amount of losses brought forward
|
| Losses brought forward and used this year |
Enter the total amount of losses brought forward and used this year. |
| Unused current year losses |
Enter the total amount of losses arising this year but not used
|
| Total losses available to be carried forward |
Calculated from above. |
| Income losses set against gains |
Enter the total amount of any allowable trading losses of the current tax year to be set against chargeable gains. |
| Losses used against an earlier year’s gain |
Enter the total amount of losses used against an earlier year’s gain. |
| Adjustments to Capital Gains Tax |
Enter the total adjustment to Capital Gains Tax. If the adjustment reduces the amount of Capital Gains Tax payable, enter a negative figure. |
| Additional liability for non-resident or dual resident trusts |
Enter the total additional liability for non-;resident or dual resident trusts. |
Capital Gains Tax Computations
Detailed computations must be attached in Attachments for Online Filing or entered in Any Other Information.
| No capitals gains tax computations attached |
This is the default option. |
| Capital gains tax computations included as PDF in Attachments for Online Filing |
Select this if PDF computation(s) have been attached in Attachments for Online Filing. |
| Details of capital gains tax computations included in Other Information |
Select this if details of the computations have been entered in Any Other Information (located in Losses and Adjustments). |
Any Other Information
| Computations include estimates or valuations |
Tick the box if your computations include estimated figures or a valuation.
Further details should be entered in Any other information explaining where and why estimated figures have been used and how they have been calculated.
If valuations have been used, further details should be entered in Any other information including, the date of the valuation and a full description of the asset. |
| Any other information |
Enter any additional information here, for example:
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