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What's CGT Computation?

PoGee
Posts: 631 Forumite

I was working backwards from employment, property, CGT Summary pages, when I got to page 2. I've ticked 'yes' to Box 7, saying I've filled out CGT summary but what's a computation? I've put in my disposal proceeds and gain. I'm guessing it'll be some sort of work sheet. I've ticked box 53 and written in box 54 that valuation is as at time of death. What happens if I don't provide a computation?
If I put in a hand written calculation, would I note the purchase price in full and then divide by 3 to give my share or just 'my shared' minus one third of legal fees etc? I thought I'd finally got it, till I came to 'computation'
If I put in a hand written calculation, would I note the purchase price in full and then divide by 3 to give my share or just 'my shared' minus one third of legal fees etc? I thought I'd finally got it, till I came to 'computation'

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Comments
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The computation is the calculation of the gain- Proceeds less costs with the application of appropriate reliefs.0
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Your post is incredibly confusing. Where do you think your CGT liability has come from? You speak about value at time of death...is this to do with Sale of assets after death S a beneficiary...or executor????
#2 Saving for Christmas 2024 - £1 a day challenge. £325 of £3660 -
JGB1955 said:Your post is incredibly confusing. Where do you think your CGT liability has come from? You speak about value at time of death...is this to do with Sale of assets after death S a beneficiary...or executor????
https://forums.moneysavingexpert.com/discussion/6304416/need-help-filling-cgt#latest
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JGB1955 said:Your post is incredibly confusing. Where do you think your CGT liability has come from? You speak about value at time of death...is this to do with Sale of assets after death S a beneficiary...or executor????
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