J joe sod Registered User Messages 2,225 30 Nov 2011 #1 Is it the case that if you sold shares during 2011, you must pay CGT in december of 2011, in other words in the next month,
Is it the case that if you sold shares during 2011, you must pay CGT in december of 2011, in other words in the next month,
M mandelbrot Registered User Messages 2,330 30 Nov 2011 #2 [broken link removed] CGT Payments & Returns [broken link removed]Form CGT Payslip A (for the purpose of making a payment of Capital Gains Tax for the period 1 January 2011 to 30 November 2011) (PDF, 74KB) For 2009 and subsequent years the tax year is divided into a revised set of two periods for CGT payment purposes, as follows: 'initial period' - 1 January to 30 November, both inclusive. 'later period' - 1 December - 31 December, both inclusive. The due dates for payment of CGT are now as follows: Disposals in the initial period: Tax due by 15 December in the same tax year. Disposals in the later period: Tax due by 31 January in the following tax year.
[broken link removed] CGT Payments & Returns [broken link removed]Form CGT Payslip A (for the purpose of making a payment of Capital Gains Tax for the period 1 January 2011 to 30 November 2011) (PDF, 74KB) For 2009 and subsequent years the tax year is divided into a revised set of two periods for CGT payment purposes, as follows: 'initial period' - 1 January to 30 November, both inclusive. 'later period' - 1 December - 31 December, both inclusive. The due dates for payment of CGT are now as follows: Disposals in the initial period: Tax due by 15 December in the same tax year. Disposals in the later period: Tax due by 31 January in the following tax year.