However, you may be liable for other types of tax depending how much you earn from selling shares and if you use a general investment account. A prime example is capital gains tax (CGT). All investors have an allowance for how much they can earn a year using general investment accounts, ...
The newdouble tax agreement (New DTA) between China and the UK entered into force on December 13th, 2013. The New DTA provides further benefits for the Chinese investors with respect to lower levels of dividend and royalty withholding tax, and the exclusion of certain capital gains on minority...
For example, let’s imagine you make a taxable gain on your shares but a loss on selling your buy-to-let property. Your property loss can be offset against your capital gains on shares to reduce or even wipe out the tax bill that might otherwise be due. See my article on mitigating c...
to sign up for free trials or other new user promotions, and on-selling the services to other users via other channels for the sole purpose of making profits; to initiate and make a first installment payment, and subsequently lowering the card limit or deactivating/closing the card to avoid ...
Capital gains tax is paid on the profit you make when you sell an asset, such as shares in a business or a property that isn’t your home, that has increased in value. While you don’t need to be a business owner to pay capital gains tax, you should be aware of the assets you...
In this article, we’ve covered everything you need to know about how to buy shares in Apple here in the UK. This includes the latest Apple share prices, info on fees and steps to buy your first shares in the company. But if you’re planning on buying and selling shares and funds ...
When selling a non-publicly listed business, if you are eligible, you may benefit from Business Asset Disposal Relief under which you will only have to pay 10% on the sale of a business or business shares. Below is a summary of the core Capital Gains Tax rates that apply from 6th April...
you can add to your ISA. IG is also a notable option as the platform offers over 10,000 traditional assets. On the flip side, you should never choose a broker just because it offers an ISA. After all, what you save on tax might get eaten away at by expensive dealing charges and ...
Singapore Exchange Regulation (SGX RegCo) and the REIT Association of Singapore (REITAS) urge all holders of REITs whose primary investment is US assets (relevant REITs) to submit the relevant US withholding tax forms and certificates in a timely manner to their stockbrokers (for non-SRS invest...
Close Brothers shares plummet after landmark ruling that puts sector at risk of redress October 25 2024 NatWest Group NatWest profits rise by a quarter as lending and deposits grow Bank also sets aside £245mn in provisions for bad loans, higher than expectations of £173mn ...