The UK government has introduced a new rate for capital gains tax within the current tax year.
For higher rate tax payers
- 20% on any gain between 6th April 2024 and 29th October 2024
- 24% on any gain from 30th October 2024 onwards
I believe that we'll need to report separate capital gains values for these two time periods within the self-assessment form (still to see how that will work in practice, of course)
It would therefore be extremely useful if the "Complete Tax Report" and "HMRC Capital Gains Summary" PDFs for the 2024-2025 UK financial year could take that into account (I think, to show separate capital gains values for the different periods; almost treating them like separate sub-years)
Is Koinly aware of this and does it plan to update the reports accordingly?
It would be really useful if this could be documented in an article so that everyone can be well-informed
Thanks!
Workaround
For now, I can generate reports for each period by generating reports with custom dates - How to generate reports for custom dates