Share cash in, any tax to pay? 17 December 2021 at 5:09PM in Marriage, relationships & families 2 replies 171 views

royP_2

Years ago now I was gifted some shares when the building society I had savings with became a bank, therefore I had a few shares that cost me nothing, I have just cashed them in for £400.00, would there be any tax to pay?

Keep_pedalling

No, unless you have other gains that take you over your annual capital gains allowance of £12,300. 

royP_2

Thank you, appreciated.