cgt on trading 212 free shares

If i receive a free fractional share from Trading 212, then sell it.......is the total amount received classed as capital gain?


Comments

  • It certainly is.
  • Bookworm105
    Bookworm105 Posts: 2,016 Forumite
    1,000 Posts First Anniversary Name Dropper
    edited 3 September 2024 at 11:12AM
    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?
  • Aidanmc
    Aidanmc Posts: 1,174 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    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 tax
    Thanks
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