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Capital Gains Tax easy question (hopefully!)
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skitskut
Posts: 239 Forumite
in Cutting tax
Hi. I invested £6,500 into a fund in 1999. It's now worth £16,500. What's the most I can sell of this fund (in 23/24) without having to pay any CGT? Thanks.
1
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If you sell 60% of your holding (£9,900) you will have made a gain of £6,000 over the original value of £3,900 and no CGT will be payable.#2 Saving for Christmas 2024 - £1 a day challenge. £325 of £3662
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