From: Ronald Raygun 
Subject: Re: Not declaring sub-CGT-limit gains
Newsgroups: uk.finance
Date: Fri, 27 Jan 2006 14:43:23 GMT

Postman Pat wrote:

> 
> AIUI it is OK to not declare a gain provided no tax was due to start
> with.
> 
> So, if one is trading within a share portfolio, and each year makes
> the sub-£8k overall gain, there is no need to declare anything on the
> tax return.
> 
> Only if one wishes to carry forward CG losses from one tax year to
> next does one need to declare all the transactions.
> 
> Correct?

No.  You should fill in the CG pages SA108 if the *value* of your
disposals exceeds £32800, even if the gain is below £8200 and no
tax is therefore due.