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clock Created with Sketch. 25/07/17
17:54
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Originally posted by Tspk
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But the definition of a Capital Gain is that it's "an increase in the value of a capital asset (investment or real estate) that gives it a higher worth than the purchase price"
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Originally posted by skiptdouglas
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Yeah did my head in to begin with ,wait till you buy shares in bundles at different prices .
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I get the share-by-share thing -the share itself has doubled in price and that's the gain - but at the end of the day, old mate has less money now than he had before, and he's paying tax on it?
How is that supposed to work?
