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Is anyone able to help with how I declare this capital gain please?

2 replies

PAYEohYEAY · 24/07/2024 14:26

Hi, I believe this is under the threshold on which I will pay tax, but I still need to declare it. I'm quite new to self-assessment tax returns (only recently started earning above the threshold to need to do one).

A company I hold shares in issued a Rights Issue on their shares. I had the option to buy, sell or let it lapse (in which case the rights would be sold on my behalf).

I let it lapse, they were therefore sold on my behalf.

  • 753 provisionally allotted new shares for which a valid acceptance was not received
  • £1.90 premium payable per share

Therefore £1430.70 received to me as payable less any expenses.

How and where do I declare this on my self-assessment please?

OP posts:
PAYEohYEAY · 24/07/2024 14:30

Or do I not need to declare it at all because it's below the threshold?

OP posts:
PAYEohYEAY · 24/07/2024 14:42

Doh! Just realized it would fall in next years return not this years anyway. Stand down!

OP posts:
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