Hi,
I've got a trading account with Interactive Brokers and I'm doing short-term trading more than investing so I've got quite a lot of transactions (some of them with multiple purchases, sales or to which the Bed and Breakfast 30 days trading rule will apply).
Trying to calculate the correct CGT amounts but:
- I cannot use the simple online CGT calculator which HMRC provides
- this seems impossible to be done by hand (and prone to errors)
- the broker report doesn't seem to be taking into account HMRC rules (like how they match sales to purchases, etc).
Do you know of any specific UK Tax software that provides CGT reports, and takes into account the order of sales/purchases for the Bed and Breakfast rules?
Thank you.
I've got a trading account with Interactive Brokers and I'm doing short-term trading more than investing so I've got quite a lot of transactions (some of them with multiple purchases, sales or to which the Bed and Breakfast 30 days trading rule will apply).
Trying to calculate the correct CGT amounts but:
- I cannot use the simple online CGT calculator which HMRC provides
- this seems impossible to be done by hand (and prone to errors)
- the broker report doesn't seem to be taking into account HMRC rules (like how they match sales to purchases, etc).
Do you know of any specific UK Tax software that provides CGT reports, and takes into account the order of sales/purchases for the Bed and Breakfast rules?
Thank you.
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