Enter expenses or reliefs against capital gains disposal in Personal Tax
- Set theTypetoOff-system.
- Select the expense or relief from theEvent Descriptioncolumn
- Enter the amount of the expense or relief claimed in theAcquisitioncolumn.noteYou will need to calculate the amount manually.
- Mark the appropriateReliefcheckbox.note
- This will mark boxes CG8, CG20, CG28 or CG36 on the Capital Gains pages of the tax return, as appropriate.
- Business Asset Disposal Relief (BADR, previously Entrepreneur's relief) is dealt with differently because the amount of gain qualifying for BADR needs to be entered in theBusiness Asset Disposal Reliefbox. The tax computation will then apply 10% to this amount (or the total amounts, where there are multiple disposals with BADR).