Do not enter details of the following assets which are exempt from Capital Gains tax:
Agricultural grants
Cashbacks
Child trust funds
Motor cars.
Principal private residence (see Losses and Other Information)
Tangible movable property (chattels) sold for £6,000 or less.
Most ' wasting assets'
Decorations for valour if not acquired by purchase.
Betting, lottery, pools or premium bond winnings.
Savings certificates or British savings bonds.
Gains made within a PEP (Personal Equity Plan)
ISA (Individual Savings Account)
Bonuses from TESSAs
SAYE terminal bonuses
UK Government stocks (gilts)
Foreign currency for the client's or family's personal use.
Damages and compensation
Business expansion scheme (BES)
Enterprise investment scheme (EIS)
Venture capital trusts
Life assurance gains or deferred annuity contracts realised by the original beneficial owner.
Debts other than debts on a security.
Compensation for mis-sold personal pensions taken out between 29/4/88 and 30/6/94.
Compensation from foreign governments
Recovery of assets under Proceeds of Crime Act 2002
Settled property
Special reserve funds of individual Lloyd's underwriters
Substantial shareholdings of companies
Woodlands managed on a commercial basis
Works of art and so on
This is not a complete list but covers the most likely exempt assets.
The Capital Gains pages to the Return will not be printed unless the gains exceed the annual exemption or the proceeds exceed twice the annual exemption.