Share disposal figures on self-assessment returns

HMRC is reviewing share disposal figures declared on taxpayers’ self-assessment returns where those figures don’t match the figures declared by the purchasing company.

HMRC is reviewing the position for taxpayers where disposal figures declared on individuals’ 2019–20 self-assessment tax returns differ from disposal figures declared by the purchasing company.

HMRC intends to write to such individuals, advising them that the figures may not have been reflected correctly in their tax returns.

Taxpayers will be asked to check their returns and, where there has been an error, submit a disclosure using the Digital Disclosure Facility. If taxpayers fail to respond, HMRC will consider taking further action including issuing discovery assessments.