Hi, I have a few quick questions on capital gains reporting in the UK to HMRC. I have a T212 non-ISA account and they send a monthly disposals report where the ‘result’ column is the GBP pnl from the shares sale relative to the average price of obtaining the position (including relevant fx rates).
I am assuming this cannot be used for tax return purposes due to the complexity of the share matching rules? For example capital gains tax rules match a disposal of shares with any acquisition in the following 30 days.
In which case the only option to evaluate gains / losses in line with HMRC rules is to the collate all the daily contract note statements and plug that into a CGT calculator or give to a tax advisor to compute?
Just wondering if this is how others have typically handled this for t212 non-ISA accounts and if so any recommendations on software / apps to work out CGT from a list of share purchases and sales would be appreciated.