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cgt on trading 212 free shares
Aidanmc
Posts: 1,516 Forumite
in Cutting tax
If i receive a free fractional share from Trading 212, then sell it.......is the total amount received classed as capital gain?
0
Comments
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It certainly is.1
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the amount subject to CGT is selling price - purchase price
so in your case..... £x - £0
are you perhaps thinking about the rules relating to averaging your purchase cost if you have multiple holdings of the same stock?0 -
Bookworm105 said:the amount subject to CGT is selling price - purchase price
so in your case..... £x - £0
are you perhaps thinking about the rules relating to averaging your purchase cost if you have multiple holdings of the same stock?No, i don't have multiple holdings of same stock. Just wasn't sure how free shares were treated re taxThanks0
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