Hi guys,
Sorry for my obtuseness, but I would think this could be made easier to understand. I've read the notes on form 11, they are not clear either.
Page 20 asks for "details of disposal of assets". In my case I have only shares, so in line 801 it asks for "aggregrate consideration". What is that? Is it the gain? Or the total sum of the share sales?
On page 21, line 807, it asks for the "chargeable gain". On line 809 it asks for "net losses" So again, it's not clear what is being requested. Do I enter the gain for the sales where I made a profit and then enter the losses where I made a loss and then on 812 (net chargeable gain) take one from the other?
Ix.
Sorry for my obtuseness, but I would think this could be made easier to understand. I've read the notes on form 11, they are not clear either.
Page 20 asks for "details of disposal of assets". In my case I have only shares, so in line 801 it asks for "aggregrate consideration". What is that? Is it the gain? Or the total sum of the share sales?
On page 21, line 807, it asks for the "chargeable gain". On line 809 it asks for "net losses" So again, it's not clear what is being requested. Do I enter the gain for the sales where I made a profit and then enter the losses where I made a loss and then on 812 (net chargeable gain) take one from the other?
Ix.