HMRC Tax returns

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Tax enquires for UK investor

It is simple to complete your tax return if you can answer No to both of the following questions. If so then you will not have to report anything - though you will have to keep records of your gains in case you are asked. Did you dispose of chargeable assets worth more than £48,000? Are your total chargeable gains before deducting losses more than £12,300? If you cannot answer No to both of these then there is much to keep track of (though dates is enough, not times). Unless HMRC allow you t…