As soon as you hit sell a capital gain or loss applies. As tax is not withheld you may want to work out what you’ll owe the tax department and set that aside. Of course, depending on how you’ve gone on the stock market, any tax payable on a capital gain may be partially or fully offset by any capital losses.
Tim.
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- Tax on shares bought and sold
As soon as you hit sell a capital gain or loss applies. As tax...
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