We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
cgt on trading 212 free shares
Aidanmc
Posts: 1,392 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
-
It certainly is.1
-
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
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.4K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.4K Work, Benefits & Business
- 599.7K Mortgages, Homes & Bills
- 177.2K Life & Family
- 258K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards