Tax Report

ASSESSMENT SUMMARY5 May 2025 – 9 Feb 2026Tax year2025/26

Total Capital Gain

£7,397.42

ready to fileUK Resident (full year)All bands

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Asset class	Proceeds	Costs	Gain
Stocks	£47,999.65	£41,534.99	£6,464.64
Options	£3,552.06	£2,619.28	£932.78
Total	£51,551.71	£44,154.27	£7,397.42

SELF ASSESSMENT GUIDE

Listed shares and securities

Box	What to enter	Figure
23	Number of disposals	11
24	Disposal proceeds	£47,999.65
25	Allowable costs	£41,534.99
26	Gains in the year, before losses	£7,525.68
27	Losses in the year	£1,061.04

Other property, assets and gains

Box	What to enter	Figure
14	Number of disposals	6
15	Disposal proceeds	£3,552.06
16	Allowable costs	£2,619.28
17	Gains in the year, before losses	£1,671.79
19	Losses in the year	£739.01

Losses and adjustments

Box	What to enter	Figure
45	Losses brought forward & used in-year↳ From your uploaded history	£4,397.42
47	Losses available to carry forward↳ Save this for next year’s return	£544.11

SA100 UK Income

Box	What to enter	Figure
SA100	Dividends from UK companies	£0.00
SA100	UK interest	£0.00

SA106 Foreign income

Country	Gross	Foreign tax	Country rate	FTCR	Taxable
USA	£963.26	£144.51	15%	X	£963.26

Box 6£963.26

Interest from overseas savings

Country	Gross	Foreign tax	Country rate	FTCR	Taxable
USD (enter code)	£87.89	£0.00	—	—	£87.89

Box 4£87.89

STOCK DISPOSALS

HMRC Matching Rules Applied

Same Day

30 shares

£5,100.02

Bed & Breakfast

40 shares

£4,981.62

Section 104 Pool

247 shares

£31,453.35

11 disposals · 10 tickers · £0.41 fees


V	Schwab	2025-06-16	S104	12	£3,220.97	£2,631.87	£589.09
Sell: 12 × £268.4142 = £3,220.97($360 @ 0.7456)net of £0.03 feesCost: 12 × £219.3225 = £2,631.87($278.67 @ ~0.7870 avg)Result: £3,220.97 − £2,631.87 = £589.09
MSFT	Schwab	2025-07-07	S104	10	£3,694.86	£3,052.41	£642.45
Sell: 10 × £369.486 = £3,694.86($497 @ 0.7434)net of £0.03 feesCost: 10 × £305.241 = £3,052.41($397.20 @ ~0.7685 avg)Result: £3,694.86 − £3,052.41 = £642.45
PG	Schwab	2025-07-15	S104	40	£4,639.02	£5,009.85	£-370.83
Sell: 40 × £115.9755 = £4,639.02($156 @ 0.7434)net of £0.04 feesCost: 40 × £125.2463 = £5,009.85($160.86 @ ~0.7786 avg)Result: £4,639.02 − £5,009.85 = £-370.83
XOM	Schwab	2025-07-22	S104	30	£2,475.62	£2,770.42	£-294.80
Sell: 30 × £82.5207 = £2,475.62($111 @ 0.7434)net of £0.03 feesCost: 30 × £92.3473 = £2,770.42($122 @ ~0.7569 avg)Result: £2,475.62 − £2,770.42 = £-294.80
AMD	Schwab	2025-08-15	S104	100	£11,012.48	£7,403.93	£3,608.55
Sell: 100 × £110.1248 = £11,012.48net of £0.06 feesCost: 100 × £74.0393 = £7,403.93($96.21 @ ~0.7696 avg)Result: £11,012.48 − £7,403.93 = £3,608.55
GOOGL	Schwab	2025-09-22	S104	15	£2,805.58	£1,936.97	£868.61
Sell: 15 × £187.0387 = £2,805.58($252 @ 0.7422)net of £0.03 feesCost: 15 × £129.1313 = £1,936.97($165.60 @ ~0.7798 avg)Result: £2,805.58 − £1,936.97 = £868.61
AMD	Schwab	2025-10-14	Same Day	30	£5,242.87	£5,100.02	£142.85
Sell: 30 × £174.7623 = £5,242.87($238.50 @ 0.7328)net of £0.04 feesCost: 30 × £170.0007 = £5,100.02($232 @ 0.7328)Result: £5,242.87 − £5,100.02 = £142.85
JPM	Schwab	2025-12-02	S104	15	£3,633.98	£2,675.11	£958.87
Sell: 15 × £242.2653 = £3,633.98($318 @ 0.7618)net of £0.03 feesCost: 15 × £178.3407 = £2,675.11($226.88 @ ~0.7861 avg)Result: £3,633.98 − £2,675.11 = £958.87
JNJ	Schwab	2025-12-15	S104	20	£3,123.54	£2,408.28	£715.26
Sell: 20 × £156.177 = £3,123.54($205 @ 0.7618)net of £0.03 feesCost: 20 × £120.414 = £2,408.28($150 @ ~0.8028 avg)Result: £3,123.54 − £2,408.28 = £715.26
COST	Schwab	2025-12-16	S104	5	£3,409.23	£3,564.51	£-155.29
Sell: 5 × £681.846 = £3,409.23($894.99 @ 0.7618)net of £0.04 feesCost: 5 × £712.902 = £3,564.51($916.67 @ ~0.7777 avg)Result: £3,409.23 − £3,564.51 = £-155.29
PLTR	Schwab	2026-01-12	B&B	40	£4,741.50	£4,981.62	£-240.12
Sell: 40 × £118.5375 = £4,741.50($158 @ 0.7502)net of £0.05 feesCost: 40 × £124.5405 = £4,981.62($166 @ 0.7502)Result: £4,741.50 − £4,981.62 = £-240.12
					£47,999.65	£41,534.99	£6,464.64

OPTIONS DISPOSALS

HMRC Matching Rules Applied

Same Day

—

Bed & Breakfast

1 contracts

£477.68

Section 104 Pool

5 contracts

£2,141.60

6 disposals · 6 tickers · £3.92 fees


AMD-2025-06-20-CALL-120	Schwab	2025-05-12	1	£195.42	£477.68	£-282.26
Sell:Sell to Open1 × £195.42 = £195.42($2.60 @ 0.7535)net of £0.50 feesCost:Buy to Close1 × £477.68 = £477.68($6.40 @ 0.7456)incl. £0.49 feesResult:£195.42 − £477.68 = £-282.26
MSFT-2025-11-21-CALL-510	Schwab	2025-10-28	1	£2,344.35	£1,225.16	£1,119.19
Sell:Sell to Close1 × £2,344.35 = £2,344.35($32 @ 0.7328)net of £0.48 feesCost:Pool1 × £1,225.16 = £1,225.16Result:£2,344.35 − £1,225.16 = £1,119.19
MSFT-2025-11-21-CALL-540	Schwab	2025-09-15	1	£459.69	£916.44	£-456.75
Sell:Sell to Open1 × £459.69 = £459.69($6.20 @ 0.7422)net of £0.49 feesCost:Buy to Close1 × £916.44 = £916.44($12.50 @ 0.7328)incl. £0.48 feesResult:£459.69 − £916.44 = £-456.75
PG-2025-08-15-CALL-170	Schwab	2025-07-14	1	£81.29	£0.00	£81.29
Sell:Sell to Open1 × £81.29 = £81.29($1.10 @ 0.7434)net of £0.49 feesCost:Expired Short1 × £0 = £0.00Result:£81.29 − £0.00 = £81.29
PLTR-2025-06-20-PUT-100	Schwab	2025-05-05	1	£240.63	£0.00	£240.63
Sell:Sell to Open1 × £240.63 = £240.63($3.20 @ 0.7535)net of £0.50 feesCost:Expired Short1 × £0 = £0.00Result:£240.63 − £0.00 = £240.63
PLTR-2026-03-20-CALL-200	Schwab	2026-02-09	1	£230.68	£0.00	£230.68
Sell:Sell to Open1 × £230.68 = £230.68($3.10 @ 0.7457)net of £0.49 feesCost:Expired Short1 × £0 = £0.00Result:£230.68 − £0.00 = £230.68
				£3,552.06	£2,619.28	£932.78

PORTFOLIO HOLDINGSAll years

Stock Positions

Total Cost Basis

£53,615.66

Stock Holdings

23.4%

2025-07-15

100

£12,524.63$16,085.71

£125.25$160.86

Date	Type	Qty Change	Cost Change	Explanation
2024-04-15	BUY	+100	+£12,447.81	Buy 100 PG at 2024-04-15
2024-10-21	BUY	+40 (100 → 140)	+£5,086.67£12,447.81 → £17,534.48	Buy 40 PG at 2024-10-21
2025-07-15	SELL	-40 (140 → 100)	-£5,009.85£17,534.48 → £12,524.63	Sold 40 PG at average cost

PLTR

22.8%

2025-11-21

100

£12,213.34$16,260.66

£122.13$162.61

Date	Type	Qty Change	Cost Change	Explanation
2025-11-21	BUY	+100	+£12,213.34	Buy 100 PLTR at 2025-11-21

COST

9.3%

2025-12-16

£4,990.32$6,416.67

£712.90$916.67

Date	Type	Qty Change	Cost Change	Explanation
2024-08-12	BUY	+8	+£5,217.52	Buy 8 COST at 2024-08-12
2025-03-03	BUY	+4 (8 → 12)	+£3,337.31£5,217.52 → £8,554.83	Buy 4 COST at 2025-03-03
2025-12-16	SELL	-5 (12 → 7)	-£3,564.51£8,554.83 → £4,990.32	Sold 5 COST at average cost

MSFT

8.5%

2025-07-07

£4,578.61$5,958.00

£305.24$397.20

Date	Type	Qty Change	Cost Change	Explanation
2024-08-19	BUY	+15	+£4,810.86	Buy 15 MSFT at 2024-08-19
2025-04-22	BUY	+10 (15 → 25)	+£2,820.16£4,810.86 → £7,631.02	Buy 10 MSFT at 2025-04-22
2025-07-07	SELL	-10 (25 → 15)	-£3,052.41£7,631.02 → £4,578.61	Sold 10 MSFT at average cost

GOOGL

8.4%

2025-09-22

£4,519.59$5,796.00

£129.13$165.60

Date	Type	Qty Change	Cost Change	Explanation
2024-06-17	BUY	+30	+£4,154.54	Buy 30 GOOGL at 2024-06-17
2024-09-09	BUY	+20 (30 → 50)	+£2,302.02£4,154.54 → £6,456.56	Buy 20 GOOGL at 2024-09-09
2025-09-22	SELL	-15 (50 → 35)	-£1,936.97£6,456.56 → £4,519.59	Sold 15 GOOGL at average cost

JPM

8.3%

2025-12-02

£4,458.51$5,671.88

£178.34$226.88

Date	Type	Qty Change	Cost Change	Explanation
2024-07-22	BUY	+25	+£4,123.47	Buy 25 JPM at 2024-07-22
2025-01-21	BUY	+15 (25 → 40)	+£3,010.15£4,123.47 → £7,133.62	Buy 15 JPM at 2025-01-21
2025-12-02	SELL	-15 (40 → 25)	-£2,675.11£7,133.62 → £4,458.51	Sold 15 JPM at average cost

7.4%

2025-06-16

£3,947.81$5,016.00

£219.32$278.67

Date	Type	Qty Change	Cost Change	Explanation
2024-07-29	BUY	+20	+£4,115.61	Buy 20 V at 2024-07-29
2024-12-09	BUY	+10 (20 → 30)	+£2,464.07£4,115.61 → £6,579.68	Buy 10 V at 2024-12-09
2025-06-16	SELL	-12 (30 → 18)	-£2,631.87£6,579.68 → £3,947.81	Sold 12 V at average cost

JNJ

6.7%

2025-12-15

£3,612.43$4,500.00

£120.41$150.00

Date	Type	Qty Change	Cost Change	Explanation
2024-05-20	BUY	+50	+£6,020.71	Buy 50 JNJ at 2024-05-20
2025-12-15	SELL	-20 (50 → 30)	-£2,408.28£6,020.71 → £3,612.43	Sold 20 JNJ at average cost

XOM

5.2%

2025-07-22

£2,770.42$3,660.00

£92.35$122.00

Date	Type	Qty Change	Cost Change	Explanation
2024-10-07	BUY	+60	+£5,540.84	Buy 60 XOM at 2024-10-07
2025-07-22	SELL	-30 (60 → 30)	-£2,770.42£5,540.84 → £2,770.42	Sold 30 XOM at average cost

360

£53,615.66$69,364.92

Assigned Option Premium Adjustments

How each assigned option's premium adjusted the underlying share cost basis.

Underlying	Assigned option	Gross Amount	Premium	Cost Basis
AMD	PUT 100 · exp 2025-04-17	£7,705.35$10,000.00 @ 0.7705	−£301.42−$379.34 @ 0.7946	£7,403.93$9,620.66
AMD	CALL 145 · exp 2025-08-15	£10,708.16$14,499.92 @ 0.7385	+£304.32+$409.34 @ 0.7434	£11,012.48$14,909.26
PLTR	PUT 170 · exp 2025-11-21	£12,755.10$17,000.00 @ 0.7503	−£541.76−$739.34 @ 0.7328	£12,213.34$16,260.66

INCOME SUMMARY

Total Reportable Income

£1,051.17

Dividends

£963.28

Interest

£87.89

Dividends

Total Dividends

£963.28

Dividend Allowance (HMRC)

£500.00

Foreign Tax Credit (cap)

£144.49Credited per band below · HMRC

Taxable Dividends

£463.28

Ticker

Count

Gross

Withholding

Net

COST

£41.76$55.90

£6.27$8.39

£35.49$47.51

Date	Broker	Currency	Treaty Country	Gross	WH Rate	Withholding	Net
2025-05-16	Schwab	USD	USA	£11.75$15.60 @ 0.7535	15.0%	£1.76$2.34	£9.99$13.26
2025-08-15	Schwab	USD	USA	£11.52$15.60 @ 0.7385	15.0%	£1.73$2.34	£9.79$13.26
2025-11-14	Schwab	USD	USA	£11.70$15.60 @ 0.7503	15.0%	£1.76$2.34	£9.94$13.26
2026-02-20	Schwab	USD	USA	£6.79$9.10 @ 0.7457	15.0%	£1.02$1.37	£5.77$7.73
						£6.27$8.39	£35.49$47.51

GOOGL

£26.64$35.70

£4.00$5.36

£22.64$30.34

Date	Broker	Currency	Treaty Country	Gross	WH Rate	Withholding	Net
2025-06-16	Schwab	USD	USA	£7.83$10.50 @ 0.7456	15.1%	£1.18$1.58	£6.65$8.92
2025-09-15	Schwab	USD	USA	£7.79$10.50 @ 0.7422	15.0%	£1.17$1.58	£6.62$8.92
2025-12-15	Schwab	USD	USA	£5.60$7.35 @ 0.7618	15.0%	£0.84$1.10	£4.76$6.25
2026-03-16	Schwab	USD	USA	£5.42$7.35 @ 0.7368	14.9%	£0.81$1.10	£4.61$6.25
						£4.00$5.36	£22.64$30.34

JNJ

£194.11$260.00

£29.12$39.00

£164.99$221.00

Date	Broker	Currency	Treaty Country	Gross	WH Rate	Withholding	Net
2025-06-10	Schwab	USD	USA	£48.46$65.00 @ 0.7456	15.0%	£7.27$9.75	£41.19$55.25
2025-09-09	Schwab	USD	USA	£48.24$65.00 @ 0.7422	15.0%	£7.24$9.75	£41.00$55.25
2025-12-09	Schwab	USD	USA	£49.52$65.00 @ 0.7618	15.0%	£7.43$9.75	£42.09$55.25
2026-03-10	Schwab	USD	USA	£47.89$65.00 @ 0.7368	15.0%	£7.18$9.75	£40.71$55.25
						£29.12$39.00	£164.99$221.00

JPM

£156.71$209.50

£23.50$31.43

£133.21$178.07

Date	Broker	Currency	Treaty Country	Gross	WH Rate	Withholding	Net
2025-04-30	Schwab	USD	USA	£43.15$56.00 @ 0.7705	15.0%	£6.47$8.40	£36.68$47.60
2025-07-31	Schwab	USD	USA	£41.63$56.00 @ 0.7434	15.0%	£6.24$8.40	£35.39$47.60
2025-10-31	Schwab	USD	USA	£43.97$60.00 @ 0.7328	15.0%	£6.59$9.00	£37.38$51.00
2026-02-02	Schwab	USD	USA	£27.96$37.50 @ 0.7457	15.0%	£4.20$5.63	£23.76$31.87
						£23.50$31.43	£133.21$178.07

MSFT

£45.17$60.50

£6.78$9.08

£38.39$51.42

Date	Broker	Currency	Treaty Country	Gross	WH Rate	Withholding	Net
2025-06-12	Schwab	USD	USA	£15.47$20.75 @ 0.7456	15.0%	£2.32$3.11	£13.15$17.64
2025-09-11	Schwab	USD	USA	£9.24$12.45 @ 0.7422	15.0%	£1.39$1.87	£7.85$10.58
2025-12-11	Schwab	USD	USA	£10.40$13.65 @ 0.7618	15.0%	£1.56$2.05	£8.84$11.60
2026-03-12	Schwab	USD	USA	£10.06$13.65 @ 0.7368	15.0%	£1.51$2.05	£8.55$11.60
						£6.78$9.08	£38.39$51.42

£347.62$464.99

£52.14$69.74

£295.48$395.25

Date	Broker	Currency	Treaty Country	Gross	WH Rate	Withholding	Net
2025-05-15	Schwab	USD	USA	£111.48$147.95 @ 0.7535	15.0%	£16.72$22.19	£94.76$125.76
2025-08-15	Schwab	USD	USA	£78.04$105.68 @ 0.7385	15.0%	£11.71$15.85	£66.33$89.83
2025-11-17	Schwab	USD	USA	£79.29$105.68 @ 0.7503	15.0%	£11.89$15.85	£67.40$89.83
2026-02-17	Schwab	USD	USA	£78.81$105.68 @ 0.7457	15.0%	£11.82$15.85	£66.99$89.83
						£52.14$69.74	£295.48$395.25

£38.61$51.72

£5.80$7.77

£32.81$43.95

Date	Broker	Currency	Treaty Country	Gross	WH Rate	Withholding	Net
2025-06-02	Schwab	USD	USA	£13.20$17.70 @ 0.7456	15.0%	£1.98$2.66	£11.22$15.04
2025-09-02	Schwab	USD	USA	£7.88$10.62 @ 0.7422	15.0%	£1.18$1.59	£6.70$9.03
2025-12-01	Schwab	USD	USA	£8.91$11.70 @ 0.7618	15.0%	£1.34$1.76	£7.57$9.94
2026-03-02	Schwab	USD	USA	£8.62$11.70 @ 0.7368	15.1%	£1.30$1.76	£7.32$9.94
						£5.80$7.77	£32.81$43.95

XOM

£112.64$150.90

£16.90$22.65

£95.74$128.25

Date	Broker	Currency	Treaty Country	Gross	WH Rate	Withholding	Net
2025-06-10	Schwab	USD	USA	£44.29$59.40 @ 0.7456	15.0%	£6.64$8.91	£37.65$50.49
2025-09-10	Schwab	USD	USA	£22.04$29.70 @ 0.7422	15.0%	£3.31$4.46	£18.73$25.24
2025-12-10	Schwab	USD	USA	£23.54$30.90 @ 0.7618	15.0%	£3.53$4.64	£20.01$26.26
2026-03-10	Schwab	USD	USA	£22.77$30.90 @ 0.7368	15.0%	£3.42$4.64	£19.35$26.26
						£16.90$22.65	£95.74$128.25

£963.26$1,289.21

£144.51$193.42

£818.75$1,095.79

Interest

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

Total Interest

£87.89

UK Interest

£0.00

Foreign Interest

£87.89

Month	Broker	Currency	Type	Amount
2025-04	Schwab	USD	Foreign	£24.50$31.80 @ 0.7705
2025-07	Schwab	USD	Foreign	£21.11$28.40 @ 0.7434
2025-10	Schwab	USD	Foreign	£22.09$30.15 @ 0.7328
2026-01	Schwab	USD	Foreign	£20.18$26.90 @ 0.7502
				£87.89$117.25

Rows are rounded to the penny; the total is calculated before rounding, so it can differ by a penny.

Tax by Income Band

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

Basic Rate

Div 8.75%: £0.00

£40.54 less FTCR £40.54

Int 20%: £0.00

PSA: £1,000.00

Higher Rate

Div 33.75%: £11.88

£156.36 less FTCR £144.48

Int 40%: £0.00

PSA: £500.00

Additional Rate

Div 39.35%: £37.82

£182.30 less FTCR £144.48

Int 45%: £39.55

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

£40.54

Higher Rate

£144.48

Additional Rate

£144.48

Country	Currency	Country Rate	Dividends	Foreign Tax Paid	Basic	Higher	Additional
USA	USD	15%	£963.28	£144.52	£40.54	£144.48	£144.48

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