ETF Investing: how to calculate the amount of tax to pay

resistance

Hi to all,

in addition to my ISA investment,  in 2020 I opened an account with another English bank.

In this bank I bought some ETFs in Euro.

During the year, I sold some ETFs at a loss and some at a profit.

As of December 31st, I still have capital invested in ETFs with profit.

I give an example:

Deposit: 100

Purchased 4 ETFs (ABCD) at 20, invested total 80

During 2020 I sold  2 ETFs (AB), one with a loss of 2 and one with a profit of 4

Reinvested  42 in another ETF (E)

As of December 31st, it is invested value:

ETF C: 25

ETFs D : 18

ETF E: 43

Cash: 20

So I have a realized profit of 2 and an unrealized profit of 4.

An ETF also paid dividends for 1.

 

Since I am in my first experience as an investor and I do not want to make mistakes, I would like to have the instructions for:

-calculate the taxes to be paid

-know by when I have to pay

-know the tool and how to pay taxes

 

Thanks in advance

Jeremy535897

It depends on the nature of the ETF. See
https://www.justetf.com/uk/news/passive-investing/how-etfs-are-taxed-in-the-uk.html