tax question?, page-13

GreenSky,

Your question is not detailed enough for a specific answer to be provided. You ask "My question is am i eligible for the 50% discount now or in august which was my last purchase?".

From what you have stated your SSN shares appear to be broken down into 3 distinct parts as follows:

(1) Shares purchased in April 2010 and then sold in July 2010
(2) Shares purchased in April 2010 and still held
(3) Shares purchased in August 2010 and still held

As your question does not state which of the 3 separate parts of your holding you are talking about, one must look at all three separately.

(1) This parcel was only held for about 3 months so wouldn't be eligable for the CGT discount.
(2) This parcel should now have passed the 12 month criteria and be eligable for the discounted CGT rate when later sold.
(3) This parcel has only been held for 10 months and thus is not yet eligable for a CGT discount.

So the answer to your question is depends upon whether you are asking about the parcel already sold for the preperation for the upcoming tax return, or one of the other two parcels still held, each of which has a different answer.

This is my opinion only and not financial advise. I am however a qualified excavator driver. Your call to choose believe me or not lol. Jokes aside, I hope this helps.