Capital Gains on ACC funds Calculation

Chickereeeee

Malthusian wrote: »

(if your platform has a habit of generating contract notes every time there is a new purchase no matter how small - *cough* Fidelity).

Yes - even for monthly deductions to pay for holding and 'advisor' fees!

C

talexuser

I bought income units outside the isa for this very reason, and aim the dividends to be less than £5000 each tax year. Eventually selling tranches for income might still be a pain, and the simplest might just to take £11100 a year and be done with it

Chickereeeee

Fidelity have confirmed that their CGT calculation tool does indeed allow for re-invested income and equalisations in Accumulation funds. It also shows their annoying montly transactions for fee deductions from the largest fund (and the cap gains incurred!).

It seems you can only see the tool if you log in as a 'personal' investor. If you select 'investing with an advisor' (as I do/did as i use Cavendish) you do not see the CGT tax tool - or indeed their re-vamped site.

C