Can someone please give me a dumbed down version of how capital gains tax works? I've always just given everything to my accountant in a box and just trusted their work.
Im just trying to figure out how much of a profit shares owned for more than 1 year are taxed for an average wage 70k (before tax). Is it a set percentage regardless of how much of a profit you sold the shares for or something different?
I am keeping my SYT shares for years to come. This is just out of interest.
Re: SYT General, page-439
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