1128 - If your taxable gains after taper relief are more than £12,000

If your taxable gains after taper relief are more than £12,000 choose 'Yes', otherwise, choose 'No'.

You must fill in the capital gains pages and attach your computations if in the tax year no losses are deducted from your chargeable gains but your total chargeable gains after applying taper relief are more than £12,000.

In working out your total chargeable gains include any gains attributed to you, for example, because you're a settlor or beneficiary of a Trust, or in certain cases where you're a member of a non-resident company, and any gains of earlier years becoming taxable in this tax year.

For further guidance and information, go to Self Assessment: Capital gains summary (SA108).