Real Time Transaction Tax returns
This tab allows for the input of information relating to any Real Time Transaction tax returns submitted during the year. For Help on the other areas within Capital Gains click on the links below:
- Gains summary
- Real Time Transaction Tax returns
- Capital losses
- Disposals
- Computation
- Foreign Tax Credit & SWT
For additional information refer to HMRC Report and pay capital gains tax
UK Residential Properties – UK Property Disposals Tax Returns submitted during [year]
Note: This section should not be used in respect of Non-Resident Capital Gains Tax returns submitted via the HMRC Report and pay capital gains tax service. This section is for the disposal of UK residential property by UK resident individuals.
Enter the details of Non-Resident Capital Gains Tax disposals and any tax already paid in the Non-resident Chargeable Gains Tax (NRCGT) on UK property section on the Gains Summary tab.
Ensure these amounts have been included in the gains and losses reported on the summary page.
- ‘Overall gain/(loss) on disposal of UK residential properties’ If you’ve disposed of an interest in a residential property and included this when you used the ‘real time’ Capital Gains Tax service, enter the overall gain or loss. If the result for the year was a loss, enter a minus sign in front of your figure.
- ‘Tax already charged on the UK Property Disposal return’ Enter the total amount of tax you paid when you used the ‘HMRC’s Online Capital Gains Tax service
Non-UK Residential Properties – Real Time Transaction Tax returns submitted during [year]
Ensure these amounts have been included in the gains and losses reported on the summary page.
- ‘Overall gain/(loss) on disposal of residential properties’ If you’ve disposed of an interest in a residential property and included this when you used the ‘real time’ Capital Gains Tax service, enter the overall gain or loss. If the result for the year was a loss, enter a minus sign in front of your figure.
- ‘Tax already charged on the Real Time Transaction return’ Enter the total amount of tax you paid when you used HMRC’s Online Capital Gains Tax service
Other property and assets – Real Time Transaction Tax returns submitted during [year]
Ensure these amounts have been included in the gains and losses reported on the summary page.
- ‘Overall gain/(loss) on disposal of other assets’
- ‘Tax already charged on the Real Time Transaction return’
Listed shares and securities – Real Time Transaction Tax returns submitted during [year]
Ensure these amounts have been included in the gains and losses reported on the summary page.
- ‘Overall gain/(loss) on disposal of listed shares’
- ‘Tax already charged on the Real Time Transaction return’
Unlisted shares and securities – Real Time Transaction Tax returns submitted during [year]
Ensure these amounts have been included in the gains and losses reported on the summary page.
- ‘Overall gain/(loss) on disposal of unlisted shares’
- ‘Tax already charged on the Real Time Transaction return’
Additional text note for Tax Return
Include the reference numbers of any Real Time Transaction Tax returns made
Useful Resources