Capital Gains returns....
Discussion
The normal rule is six years after the relevant Self Assessment tax return in which the Capital Gain was returned.
So, if the gain was returned in the 2007/08 tax return, that means the gain occured in the year ended 5 April 2008. I would feel safe chucking stuff relating to that particul;ar capital gain on or after 6 April 2010 (note that the gain itself could have occured any time between 6 April 2007 and 5 April 2008).
And of course, part of the computation would relate to the original purchase cost of the item disposed - which could date back many years.
So, if the gain was returned in the 2007/08 tax return, that means the gain occured in the year ended 5 April 2008. I would feel safe chucking stuff relating to that particul;ar capital gain on or after 6 April 2010 (note that the gain itself could have occured any time between 6 April 2007 and 5 April 2008).
And of course, part of the computation would relate to the original purchase cost of the item disposed - which could date back many years.
Edited by Eric Mc on Wednesday 14th January 13:13
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