Kingy
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RE: Capital Gains and Income tax personal allowance
Such a shame HMRC admin just post links to articles, the purpose of the HMRC community is to offer advice and guidance to customers after looking through the articles that are available on the website. I am sure most would want to find the information first before posting the question on here. -
RE: CGT on shares
I have already looked at that before I posted , I can't find a simple answer to my simple question There is no gain so I don't need to pay Capital Gains tax My question is as per my original post do shares received go towards my personal allowance as per the example? -
RE: CGT on shares
I have no income for the tax year 24/25 so my personal allowance is £12750, If I was to sell some shares that have zero CGT to pay will the sale of the shares go towards my personal allowance? Example: I sell some shares and receive £10,000, there is no CGT to pay so does that £10K go towards my personal allowance? £12570-£10000=£2570 left from my allowance Thanks