Capital Gains Tax 10 - Do you want to use the computation worksheet for any of your disposals

The worksheet is for simple calculations of gains or losses and can be used for the disposal of land or other assets. You can also use it for the disposal of shares but only if it is the disposal of the whole of your holding of a particular class of shares.

You will not be able to use the worksheet in all cases. For example:

• if the asset has been acquired by the exercise of an option or if the disposal is a part disposal
• where you've disposed of a number of individual assets, and the gains and losses on those assets are taken together for a Business Asset Disposal Relief (previously Entrepreneurs' Relief) claim
• the gain needs to be split into separate parts, for example a shop with a flat above, so the gain has a residential property part and a non-residential property part. You will need to enter these gains/losses separately
• if you have already submitted Real Time Transaction or Capital Gains Tax UK Property Disposal Returns. You must include details of these gains or losses and any tax paid or charged later in the capital gains section

Choose 'Yes' if you want to use the worksheet for one or more of your asset disposals, you can complete a maximum of 20 worksheets, otherwise, choose 'No'.

Any details of gains or losses on disposals for which Business Asset Disposal Relief (previously Entrepreneurs' Relief) has been claimed must be included as 'Other property, assets and gains'.

If you use a computation worksheet this will automatically be added as an attachment to your return and information from the worksheet will be included in your Capital Gains summary details which you will see later.

You will also have the opportunity later to include summary details of any disposals that are not included in a worksheet. Computations of those disposals must then be provided either in the additional information section at the end of the Capital Gains section or as an attachment to your return.