Annual return

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84 Points Posted on 14 February 2021
last year i was filed return for capital gain income below 100000.

now this year my income is below 150000.

is it mandatory to file return or ignore it.
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On 14 February 2021 at 10:23 Report
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Quick Summary
If your capital gains income was below £100,000 last year and is below £150,000 this year, you are generally not required to file an annual return. You have the option to file if you wish, but it is not mandatory.

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17269 Points Posted on 14 February 2021
You may not file if you so wish. You are not required to file ITR
1 Reply
On 14 February 2021 at 14:50
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Chartered Accountant
24588 Points Posted on 15 February 2021
Not required to file ITR
1 Reply
On 15 February 2021 at 06:34

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