Bro
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RE: Calculating gain and loss for stock trading for hundreds or thousands of trades
That doesn't answer my question or help in the slightest. Never mind, I have since found some software which accurately calculates the gain/loss taking into account the three rules. -
Calculating gain and loss for stock trading for hundreds or thousands of trades
I have read all the rules regarding reporting and understand FIFO and Bed & Breakfasting, but when there are many hundreds or thousands of individual trades involved, many with buys and sells on the same day, FX fees involved due to purchasing US shares, it's going to be almost impossible to calculate that before the deadline to submit the return expires. It would literally take me a week just to work it out for one stock. Is the CSV file provided by 212 acceptable for CGT purposes? -
CGT deductible fees for share trading
I use the 212 Trading platform for stocks and shares dealing. The HMRC site states that certain fees can be deducted from any gain, such as SDRT and brokerage fees. 212 does not charge brokerage fees per trade but they do charge an FX fee when converting from GBP (£) to USD ($) when buying US stocks, and vice versa when selling US stocks. Can this FX fee be deducted the same as SDRT?