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Self Assessment and CGT question

4 replies

lifesabitchandthenyoudie · 19/01/2025 10:41

Just wondered if I might get a quick answer on here as I'm trying to get my SA done this weekend... I made a capital gains during the financial year, put it all through and paid the dues; now doing my SA do I need to say 'yes' to the 'tailor your return' form, and go through it all again (i.e. is there a space to add the payment made?) or 'no' because it's all done and sorted?

Thank you!

OP posts:
DustyMaiden · 19/01/2025 10:47

In hindsight I’d say put no.

I did my return under the same circumstances last year.
I didn’t want to lie on my return so answered yes. Put receipt number in notes.attached a photo of receipt.

kept getting bills for 6k, got fines for not paying. Sent recorded letters, no response emails, no response.

Eventually spoke to a person who said “it’s self assessment, if it’s wrong you did it. Go in and put it right. “ so I just changed it to no.

lifesabitchandthenyoudie · 19/01/2025 10:54

@DustyMaiden thank you so much that's exactly what I was wondering! Extremely helpful. Have a great Sunday! 😘

OP posts:
DustyMaiden · 19/01/2025 12:02

and you

77Fee · 19/01/2025 13:22

Was it a property sold and you filed a 60 day return? If yes, and it fell in 23/24 then you do include it, add the pay ref and tax paid. CGT paid & self assessment don't really talk to each other so if you have overpaid CGT (because it necessitates you estimate your income before the end of the tax year) you need to claim that back from them separately ie it won't automatically refund from your SA return.

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