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Capital Gains Tax
xmodz
Posts: 133 Forumite
Hi everyone,
iv got shares which i sold for a profit £100 profit.
i have started my own business
Im am self-employed first year, expecting to make around 2- 6grand profit this year hopefully.
anyway, i bought some shares two months ago and sold them yesterday for a profit of £100.
Will i have to pay any Capital gains tax. looking on the HMRC revenue and none of it really makes self to
iv got shares which i sold for a profit £100 profit.
i have started my own business
Im am self-employed first year, expecting to make around 2- 6grand profit this year hopefully.
anyway, i bought some shares two months ago and sold them yesterday for a profit of £100.
Will i have to pay any Capital gains tax. looking on the HMRC revenue and none of it really makes self to
0
Comments
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Is your business buying and selling shares?Thinking critically since 1996....0
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This years capital gains tax allowance is £10,600. So in normal circumstances you wouldn't be liable to pay tax on share profit of £100 if thats your only CG.0
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