We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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 reporting query
SiliconChip
Posts: 1,898 Forumite
in Cutting tax
Most of the shares I hold are in ISAs, but for the first time ever I've sold some at a profit that are held outside of an ISA. The gain is around £1,500, I'm not planning any more disposals in the current tax year so am I right that because the gain is under £3000 there's no tax to pay and there's no need to report it to HMRC as the disposal value is under £50,000? I'm not in SA, and my other income from pensions and savings is under £30,000 for the year.
1
Comments
-
Yes you are right.2
-
DRS1 said:Yes you are right.
Thanks for the rapid confirmation!0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards