Our new tool is designed to report on a client’s gain or loss position within their CIA only and not their overall Capital Gains Tax position. This is because Skandia will not know what other assets the client has or whether they have carried out any other acquisitions or disposals in that tax year. Capital Gains or losses are calculated at individual fund level within the CIA.

Follow this link to view a sample Capital Gains Tax Report.

You can consider planning points, produce reports for notional disposals and review the transaction history behind the Capital Gains Report. The tool also allows you to look at existing holdings and plan “what if” scenarios to calculate effective disposals strategies.

The tool can be accessed by financial advisers only through Skandia Investment Solutions. Clients do not have access to this tool.

To support the use of the tool we have the following resources available:

• Interactive user guide
• Printer friendly user guide
• Mini-guide for re-registered assets
• Questions and Answers
• Financial adviser presentation

The tool calculates gains or losses based on the current value of a fund compared with it's ‘take on’ position (or acquisition cost). The tool enables the “take on” position of re-registered or migrated funds to be amended, as the values shown are at the date of re-registration. We've produced the following material to help support you with this process:

• Mini guide
• Sample report
• Interactive User Guide