don't run, page-35

Anh.d

I don't think it works like that.

your 20k shares when you sell them (or whatever) if you have that parcel for over 12 months then your subject to a 50% reduction on your capital gain (if you make a profit)

If you say bought another 100k shares on top of your 20k and then sold them all (within 12 months purchase of your 100k addition) you would have to pay full CGT on the 100k (if in profit) and half on the 20k.

From my understanding it doesn't matter if you've held the company for 10 years its about the duration of time you've had the quantity of shares.

Correct me if I'm wrong but it sounds like your accountant is trying to fleece you.

Goodluck