While you need to include all capital gains in your tax return for the year you sell the shares, a discount applies for longer-term investments. Investments held for more than 12 months are only taxed on half of the capital gain. This is known as thecapital gains tax (CGT) discount....
As you may see in the table below, most trading methods (financial derivatives) in the UK do not involve the physical handling of commodities. They provide an opportunity to speculate, merely bet on the direction and intensity of price movements. ...
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I personally don’t think this is a particularly useful figure. Everybody seems to calculate it slightly differently, there’s no guarantee that future yields will be similar, and it’s the total return of the investment that counts, not just the yield. You may feel differently. Down down,...
Giltfunds, however,paytax on capital gains. Following the greatbond routof 2022 – which scythed through gilt prices – the absence of CGT on individual gilt gains could make holding low-coupon gilts with high redemption yields the most tax-efficient option for you. Do your sums carefully. ...
Whenever you sell or dispose of an asset, such as your business or your shares in a company, you will need to pay CGT on any profit, or gain, you make. As part of the 2024 Autumn Budget, Rachel Reeves, the Chancellor, announced changes to CGT and Business Asset Disposal Relief. For...
Fund units bought on this day are eligible for the declared dividend. Units sold on this date are not eligible. The ex-dividend date: Previously held fund units sold on this day are still entitled to the declared dividend. Units bought on this day are not. ...
Hate to be pedant but I ran the numbers and found that your explanation of how to calculate savings rate is a teeny bit off the mark I’ve gone through it all in detail here: http://thefirestarter.co.uk/calculating-savings-rate/ But if you want the short version, basically you need ...
Some of the discrepancy is likely explained by the fact that the pound tends to fall during a crisis while the dollar appreciates. Hence UK investors with a global portfolio dominated by US shares may be spared the worst. Sterling’s weakness is like a buoyancy aid for our US assets, provi...