SA108: How to claim for brought forward losses
If you have b/f losses of £10,000 and you have gains of £12,300 and £2500, you would claim for the losses by following the instructions below: 1. Select the pencil icon for an entry 2. Select 'Yes' to the question regarding BOX 45, then enter the ...
I am a non-resident landlord, which forms do I need to complete?
If you are a non-resident landlord, you are required to complete the SA100 (Main tax return), SA105 (Property schedule) and SA109 (Residency schedule). Looking at each one and relating it to its use on GoSimpleTax: SA100 (Main Tax Return) This form ...
SA108: How do I carry losses forward to future years?
1. Once you're on the 'Capital Gains (SA108)' page, click 'EDIT' 2. Click on 'LOSSES AVAILABLE TO BE CARRIED FORWARD TO LATER YEARS (BOX47)' and fill in the box. Following this, click 'SAVE' at the bottom.
SA109: NT tax code
If you have a NT code by way of DTA, you would need to complete the form HS302 or HS304 depending on your circumstance and attach that to your tax return on the SA109 page. If you read the instructions for either of the helpsheets, it will tell you ...
SA108: Do I pay tax on exchanging foreign currency?
You should ask yourself, what was the main purpose for making the currency change? Scenario 1 You were going on holiday or visiting another country and you changed some money into their local currency. When travelling back home, the exchange rates ...