Freetrade Example Report

ASSESSMENT SUMMARY4 Sep 2025 – 24 Mar 2026Tax year2025/26

Total Capital Gain

£3,033.40

Taxable after allowance

£33.40

ready to fileUK Resident (full year)All bands

Add your annual income in the editor for a single income-tax figure. Learn more →

Asset class	Proceeds	Costs	Gain
Stocks	£26,689.49	£23,656.09	£3,033.40
Total	£26,689.49	£23,656.09	£3,033.40

SELF ASSESSMENT GUIDE

Listed shares and securities

Box	What to enter	Figure
23	Number of disposals	7
24	Disposal proceeds	£26,689
25	Allowable costs	£23,657
26	Gains in the year, before losses	£3,376
27	Losses in the year	£344

Losses and adjustments

Box	What to enter	Figure
45	Losses brought forward & used in-year	enter manual
47	Losses available to carry forward	£0

SA100 UK Income

Box	What to enter	Figure
SA100	Dividends from UK companies	£123.00
SA100	UK interest	£13.22

SA106 Foreign income

Country	Gross	Foreign tax	Country rate	FTCR	Taxable
IRL	£81.60	£0.00	—	—	£81.60
USA	£15.72	£2.36	15%	X	£15.72

Box 6£97.32

Your foreign dividends are within the £500 SA100 limit — you can put them in box 6 of the main return instead of these pages.

STOCK DISPOSALS

HMRC Matching Rules Applied

Same Day

100 shares

£1,095.45

Bed & Breakfast

1,000 shares

£3,497.40

Section 104 Pool

496 shares

£19,063.24

7 disposals · 6 tickers · £25.88 fees


RR.	FT	2025-09-04	Same Day	100	£1,115.00	£1,095.45	£19.55
Sell: 100 × £11.15 = £1,115.00Cost: 100 × £10.9545 = £1,095.45incl. £5.45 feesResult: £1,115.00 − £1,095.45 = £19.55
VWRL	FT	2025-10-06	S104	60	£6,318.00	£5,784.00	£534.00
Sell: 60 × £105.30 = £6,318.00Cost: 60 × £96.40 = £5,784.00Result: £6,318.00 − £5,784.00 = £534.00
BP	FT	2025-11-18	B&B	1,000	£3,400.00	£3,497.40	£-97.40
Sell: 1,000 × £3.40 = £3,400.00Cost: 1,000 × £3.4974 = £3,497.40incl. £17.40 feesResult: £3,400.00 − £3,497.40 = £-97.40
AAPL	FT	2026-01-13	S104	20	£3,763.21	£3,021.05	£742.16
Sell: 20 × £188.1605 = £3,763.21net of £17.01 feesCost: 20 × £151.0525 = £3,021.05incl. £13.53 feesResult: £3,763.21 − £3,021.05 = £742.16
RR.	FT	2026-01-20	S104	350	£4,060.00	£2,761.24	£1,298.76
Sell: 350 × £11.60 = £4,060.00Cost: 350 × £7.8893 = £2,761.24incl. £13.74 feesResult: £4,060.00 − £2,761.24 = £1,298.76
VUSA	FT	2026-03-09	S104	60	£6,072.00	£5,290.00	£782.00
Sell: 60 × £101.20 = £6,072.00Cost: 60 × £88.1667 = £5,290.00Result: £6,072.00 − £5,290.00 = £782.00
MSFT	FT	2026-03-24	S104	6	£1,961.28	£2,206.95	£-245.67
Sell: 6 × £326.88 = £1,961.28net of £8.87 feesCost: 6 × £367.825 = £2,206.95incl. £9.89 feesResult: £1,961.28 − £2,206.95 = £-245.67
					£26,689.49	£23,656.09	£3,033.40

PORTFOLIO HOLDINGSAll years

Stock Positions

Total Cost Basis

£12,420.49

Stock Holdings

VWRL

39.9%

2026-04-01

£4,954.00

£99.08

Date	Type	Qty Change	Cost Change	Explanation
2025-04-14	BUY	+100	+£9,640.00	Buy 100.00000000 VWRL at 2025-04-14
2025-10-06	SELL	-60 (100 → 40)	-£5,784.00£9,640.00 → £3,856.00	Sold 60.00000000 VWRL at average cost
2026-04-01	BUY	+10 (40 → 50)	+£1,098.00£3,856.00 → £4,954.00	Add 10 VWRL to pool

29.3%

2025-05-19

1,000

£3,638.10

£3.64

Date	Type	Qty Change	Cost Change	Explanation
2025-05-19	BUY	+1,000	+£3,638.10	Buy 1000.00000000 BP at 2025-05-19

VUSA

21.3%

2026-03-09

£2,645.00

£88.17

Date	Type	Qty Change	Cost Change	Explanation
2025-06-10	BUY	+60	+£5,172.00	Buy 60.00000000 VUSA at 2025-06-10
2025-10-20	BUY	+30 (60 → 90)	+£2,763.00£5,172.00 → £7,935.00	Buy 30.00000000 VUSA at 2025-10-20
2026-03-09	SELL	-60 (90 → 30)	-£5,290.00£7,935.00 → £2,645.00	Sold 60.00000000 VUSA at average cost

RR.

9.5%

2026-01-20

150

£1,183.39

£7.89

Date	Type	Qty Change	Cost Change	Explanation
2025-05-06	BUY	+500	+£3,944.63	Buy 500.00000000 RR. at 2025-05-06
2025-09-04	BUY	+100 (500 → 600)	+£1,095.45£3,944.63 → £5,040.08	Buy 100.00000000 RR. at 2025-09-04
2025-09-04	SAME DAY	-100 (600 → 500)	-£1,095.45£5,040.08 → £3,944.63	Phase 2: Remove 100 consumed by Same Day/B&B
2026-01-20	SELL	-350 (500 → 150)	-£2,761.24£3,944.63 → £1,183.39	Sold 350.00000000 RR. at average cost

1,230

£12,420.49

INCOME SUMMARY

Total Reportable Income

£233.54

Dividends

£220.32

Interest

£13.22

Dividends

Total Dividends

£220.32

Dividend Allowance (HMRC)

£500.00

Foreign Tax Credit (cap)

£2.36Credited per band below · HMRC

Taxable Dividends

£0.00

Ticker

Count

Gross

Withholding

Net

AAPL

£3.84$5.20

£0.58$0.78

£3.26$4.42

Date	Broker	Currency	Treaty Country	Gross	WH Rate	Withholding	Net
2025-08-14	FT	USD	USA	£3.84$5.20 @ 0.738498	15.1%	£0.58$0.78	£3.26$4.42
						£0.58$0.78	£3.26$4.42

£123.00

£0.00

£123.00

Date	Broker	Currency	Gross	Withholding	Net
2025-09-19	FT	GBP	£61.00	£0.00	£61.00
2025-12-19	FT	GBP	£62.00	£0.00	£62.00
				£0.00	£123.00

MSFT

£11.88$15.90

£1.78$2.39

£10.10$13.51

Date	Broker	Currency	Treaty Country	Gross	WH Rate	Withholding	Net
2025-09-11	FT	USD	USA	£3.70$4.98 @ 0.742225	15.1%	£0.56$0.75	£3.14$4.23
2025-12-11	FT	USD	USA	£4.16$5.46 @ 0.761847	14.9%	£0.62$0.82	£3.54$4.64
2026-03-12	FT	USD	USA	£4.02$5.46 @ 0.736757	14.9%	£0.60$0.82	£3.42$4.64
						£1.78$2.39	£10.10$13.51

VUSA

£19.20

£0.00

£19.20

Date	Broker	Currency	Gross	Withholding	Net
2025-09-24	FT	GBP	£19.20	£0.00	£19.20
				£0.00	£19.20

VWRL

£62.40

£0.00

£62.40

Date	Broker	Currency	Gross	Withholding	Net
2025-06-25	FT	GBP	£44.00	£0.00	£44.00
2025-12-23	FT	GBP	£18.40	£0.00	£18.40
				£0.00	£62.40

£220.32

£2.36

£217.96

Interest

Within Personal Savings Allowance (£1,000.00 for basic rate taxpayers). HMRC reference

Total Interest

£13.22

UK Interest

£13.22

Foreign Interest

£0.00

Month	Broker	Currency	Type	Amount
2025-05	FT	GBP	UK	£2.30
2025-08	FT	GBP	UK	£3.05
2025-12	FT	GBP	UK	£4.15
2026-02	FT	GBP	UK	£3.72
				£13.22

Tax by Income Band

Estimated tax based on UK income tax bands. Your actual liability depends on your total income. HMRC rates

Basic Rate

Int 20%: £0.00

PSA: £1,000.00

Higher Rate

Int 40%: £0.00

PSA: £500.00

Additional Rate

Int 45%: £5.95

Foreign Tax Credit Relief

Foreign tax credited against your UK tax at each band, so the same income isn’t taxed twice. How we calculate this →

SA106 box 2 is whichever band applies to you — see the Self Assessment guide →

Basic Rate

£0.00

Higher Rate

£0.00

Additional Rate

£0.00

Country	Currency	Country Rate	Dividends	Foreign Tax Paid	Basic	Higher	Additional
USA	USD	15%	£15.72	£2.36	£0.00	£0.00	£0.00

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Reference calculations, not tax advice — check the figures before you file.