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  • FIRST POST
    • daxu
    • By daxu 8th Mar 18, 11:44 AM
    • 169Posts
    • 14Thanks
    daxu
    is there a way to avoid or minimize my CGT?
    • #1
    • 8th Mar 18, 11:44 AM
    is there a way to avoid or minimize my CGT? 8th Mar 18 at 11:44 AM
    Hi,
    I bought some share from the company I am working for 7 years ago and now the big boss put company for sale, and everyone has to sell the share.

    Certainly the share worth much more now, Say I can make around 40k profit from the sale and already maxed out my pension contribution (40,000 a year), is there any way to minimize my CGT?

    Many Thanks
    Last edited by daxu; 08-03-2018 at 11:46 AM.
Page 1
    • lisyloo
    • By lisyloo 8th Mar 18, 12:21 PM
    • 21,832 Posts
    • 10,546 Thanks
    lisyloo
    • #2
    • 8th Mar 18, 12:21 PM
    • #2
    • 8th Mar 18, 12:21 PM
    Can you clarify - did you have shares in a private company, public company (with shares listed on the FTSE, NASDAQ etc.) or were these share options?
    • daxu
    • By daxu 8th Mar 18, 12:48 PM
    • 169 Posts
    • 14 Thanks
    daxu
    • #3
    • 8th Mar 18, 12:48 PM
    • #3
    • 8th Mar 18, 12:48 PM
    hi,
    it is a private company and I bought these shares (so not shares just given to employee)
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