CGT on shares, page-65

  1. 5,511 Posts.

    Yeah did my head in to begin with ,wait till you buy shares in bundles at different prices .

    The way I do it when I submit my returns to the accountant .

    I bought 100 shares at 1.00
    The shares increased to 2.00
    To reduce my exposure I sell 50 at 2.00.
    I have made a profit of 50 bucks on those shares . I have have made a capital gain of 50
    I then declare that 50 on my tax return . Less any applicable fees etc

    When I sell the other 50 I then do the same .
    Last edited by skiptdouglas: 25/07/17
 
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