Investment Bond - chargeable event- where on return?
imeldabye
Registered Posts: 147 Dedicated contributor 🦉
Hi all, I have a client who has cashed in an investment bond from Zurich Assurance and has made a gain of around £14k, with tax treated as paid of around £2800.
Where do I put this on the return? I am unclear which section to use in the Capital Gains section. Thanks :001_smile:
Where do I put this on the return? I am unclear which section to use in the Capital Gains section. Thanks :001_smile:
0
Comments
-
Its a supplementary page called Other UK income and goes under Life Insurance gains Box 40
-
THanks so much for this!0
-
what about just a withdrawal during the year of 7%, is it a gain and does it have to be included in the self assessment?2
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 318 NEW! Qualifications 2022
- 161 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 87 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 272 VAT
- 92 Software
- 273 Tax
- 135 Bookkeeping
- 7.2K General accounting discussion
- 200 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership