Capital Gains Tax

Nelly321

I am not self employed and I have never had additional income in order to need to make a self assessment. 

In 2015, 2017 and 2018 I sold a number of shares where I gained <£3k and the actual sale amount was <£5k. I was well within the CGT allowance. 

Is my understanding correct that this would not have required me to complete a self assessment? On the basis that I was within the allowance, and that:
1. I am not registered for self assessment
2. The sale amount did not exceed 4 times the CGT allowance.

I’m not concerned that I owe tax, more for understanding the process.

Thanks!

Keep_pedalling

Your are correct, no need to complete a SA or report those small gains.