Donate SIGN UP

capital gains tax

Avatar Image
fiver1 | 09:39 Wed 14th Jun 2006 | Business & Finance
1 Answers
my company share save scheme is coming to a close, once i have my shares how many can i sell before i have to pay capital gains tax?
Gravatar

Answers

Only 1 answerrss feed

Best Answer

No best answer has yet been selected by fiver1. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
It depends on the market value of the shares in question. You can earn �8500 free of cap before CGT cuts in, so you could sell just enough shares to fall short of the �8500 figure than sell more next financial year. The capital gain is the market value of the share less the price you paid, of course.

Only 1 answerrss feed

Do you know the answer?

capital gains tax

Answer Question >>