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capgains: updates

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Simon Michael
2025-12-24 12:48:35 -10:00
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src/Capital-gains-reporting.md
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@@ -162,8 +162,14 @@ You are allowed to freely choose disposal orders within a year or within a walle
In tax year 2026, this flexibility with choosing disposal order might be reduced.
### UK
In the UK, you use each asset's average cost across all wallets.
## See also:
<https://www.gov.uk/government/publications/shares-and-capital-gains-tax-hs284-self-assessment-helpsheet/hs284-shares-and-capital-gains-tax-2024#how-to-work-out-the-gain-for-shares-in-a-section-104-holding>
<https://assets.publishing.service.gov.uk/media/65f993439316f5001164c2d7/HS284_Example_3_2024.pdf> example calculation
In the UK, you use each asset's average cost across all wallets.
"In some aspects this is simpler because there is no FIFO/LIFO, just a common pool that gets revalued.
OTOH it is more complicated due to the special time based rules that create 3 classes of shares, each with its own matching rules."
## See also
- <https://joyful.com/PTA+lot+tracking>