Is the 'Result' figure the gain/loss for UK CGT?

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1

Iā€™m trying to wrap my head around UK CGT and how to calcuate the gain/loss when selling stocks/ETFs in my Invest account. Over the last several months Iā€™ve bought shares in MSTR a number of times at a number of price points. Iā€™ve just sold them today and am trying to work out what my gain/ loss would be for CGT purposes.

  • Is the ā€˜Resultā€™ figure given under ā€˜Historyā€™ for the trade (screen grab attached) the gain based on the average price paid? Iā€™d try to work this out myself but you lose the average price figure once youā€™ve sold your entire holding and its not shown in the order in ā€˜historyā€™
  • Assuming it is can I use this as my gain/loss on this trade for CGT purposes?

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2

I would think so, if you sell ALL of the shares,

OR, sell ALL but 1 to retain the average in future,

OR, recalculate the average by looking up the share again, tapping the three dot menu, clicking History and your transaction are all available.

Personally, I manually keep my transactions history in a CSV file in the format required at cgtcalculator.com to guide me re what to sell near year end. You only need Direction,Date,Ticker, Quantity, Ā£Price, Ā£Fees, Ā£StampDuty. Full guiding available at the site.

eg. B,24/05/2019,CNA,100,10.00,0.00,5.00

The creator updates the program a few months after any tax changes.

No connection BTW, well worth a donation IMHO.

I prefer manually keeping a CSV as I edit and query it via command line scripts and as T212 dynamically generate a CSV on export and only include certain fields if they are appropriate for that particular export. Makes joining exports a PITA.

Good luck.

1 Like
3

Thanks @Ldak. Iā€™ll take a look at that caluclator. Its annoyign it doesnā€™t show the average price paid in the history and that T212 donā€™t seem to have any documentation that shows how te ā€˜Resultsā€™ figure is calculated.