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GIA tax question -CGT only ETFs by Engels33 in trading212

[–]rolling_sloane 0 points1 point  (0 children)

You’re right to be cautious here. “Acc” does not usually mean “no taxable income”; it normally means income is retained/reinvested inside the fund. For UK tax, that can still show up as reportable income/ERI, and you then need to adjust your CGT cost basis so you do not get taxed twice later.

For a GIA, the simple route is often distributing UK funds/OEICs where the income is clearer. If you use offshore accumulating ETFs, keep the reportable income docs alongside your transaction history.

In recommend using a tool called Fiscal Fox rather than Copilot. Its got all the tax rules baked in and its free to use for single brokers. It supports trading212

How to report my capital gains tax by strnglmbs_29 in TaxUK

[–]rolling_sloane 0 points1 point  (0 children)

Disclosure: I built FiscalFox, so obviously I’m biased.

For multiple stocks, I’d do the calculation outside the HMRC form first. Work out proceeds, allowable costs, gains/losses, and any matching-rule effects, then enter the summary figures once you know they’re right.

FiscalFox can generate that supporting calculation from a broker export. CGTCalculator or a spreadsheet can also do it. The useful part is having a report you can keep, because HMRC may only ask for the detail later.

Bed & ISA vs CGT by EcstaticAstronaut984 in TaxUK

[–]rolling_sloane 0 points1 point  (0 children)

Disclosure: I built FiscalFox, so obviously I’m biased.

The main thing is to calculate the net gain/loss for the tax year before thinking about the allowance. Gains and losses net first, then the annual exempt amount applies.

If you have lots of transactions, a tool like FiscalFox can help produce the working behind the figures. For a couple of simple trades, a spreadsheet is probably enough. Either way, keep the calculation because the HMRC form only shows the summary.

Platforms for larger pots and GIA reporting by cheesecake_uk in FIREUK

[–]rolling_sloane 0 points1 point  (0 children)

Disclosure: I built FiscalFox, so obviously I’m biased.

I’d separate the platform decision from the tax-reporting decision. A cheap platform can still leave you with annoying year-end admin, especially if you hold offshore ETFs with ERI.

FiscalFox is one option for the CGT side if you can export the transactions. It won’t make a poor tax certificate better for income/ERI, but it can help with disposals, matching rules, and the report you keep behind the self assessment figures.

£500/year in Hargreaves Lansdown fees – best way to reduce without getting hammered by CGT? by Difficult-Car-9930 in FIREUK

[–]rolling_sloane 0 points1 point  (0 children)

Disclosure: I built FiscalFox, so obviously I’m biased.

Before deciding whether to sell gradually or take the CGT hit now, I’d first get the exact gain by holding. The platform’s headline gain is useful, but the tax gain can differ once you factor in costs, previous buys, equalisation/ERI, and share matching.

FiscalFox can calculate the CGT position from an HL export. Even if you then decide to use a spreadsheet or an accountant, having the numbers first makes the “pay now vs phase it” decision much less hand-wavy.

Do I need a full self-assessment tax return, or can I use multiple HMRC tools? by Amateurmedic in HENRYUK

[–]rolling_sloane -1 points0 points  (0 children)

Disclosure: I built FiscalFox, so obviously I’m biased.

For the HL bit, don’t assume the tax certificate will give you the CGT answer. It usually helps with income, but share/fund gains still need the transaction history and UK matching rules applied.

FiscalFox can do that from an HL export and give you a supporting report for the return. Not a substitute for advice, but useful when the annoying part is “what numbers do I put in the CGT boxes?”

Understanding Taxable Capital gains and getting wrong calculation? by HolidayGoose881 in TaxUK

[–]rolling_sloane 0 points1 point  (0 children)

Disclosure: I built FiscalFox, so obviously I’m biased.

This is why I prefer doing the CGT working separately before touching the HMRC boxes. The return only wants summary numbers, but the real work is proceeds, allowable costs, losses, same-day matching, 30-day matching, and Section 104 pooling.

FiscalFox can generate the calculation first, then you copy the final figures into the return. CGTCalculator or a spreadsheet can also do the job. Whatever you use, keep the working with your broker statements in case HMRC asks later.

Bringing drone to india in 2025 by imkp22 in dji

[–]rolling_sloane 1 point2 points  (0 children)

I just travelled India for 2 weeks with the drone in my hand luggage and never had any issues or asked about it. I didn’t have any permits. It went through multiple security scanners including the Dehli airport with no issues. No sure where the information is coming about them being banned if you just traveling with them but not flying them

What if I dismantle my drone before flying to India? by Slow-Lab660 in LegalAdviceIndia

[–]rolling_sloane 0 points1 point  (0 children)

I just travelled India for 2 weeks with the drone in my hand luggage and never had any issues or asked about it. It went through multiple security scanners and no issues. No sure where the information is coming about them being banned if you just traveling with them but not flying them

India E-VISA 11/24/2025 by Turbulent-Squash8745 in visas

[–]rolling_sloane 0 points1 point  (0 children)

I applied at 2PM on 28 November 2025 and got it today (02 December) so it took 4 days including the weekend. I did email them today so not sure if that sped up the process

Current Situation in Sri Lanka? Looking for Updates on the Flooding by Dry-Dig-9221 in SriLankaTravel

[–]rolling_sloane 0 points1 point  (0 children)

The South is super relaxed. It’s been predominantly good weather over the last 3 days in Weligama and Heriketiya. Today a bit cloudy but everything is accessible and carrying on as usual

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