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1. If you hold share for MORE than 12 months general rule is you...

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snosh

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20/08/15

15:39

Post #: 15844022
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Originally posted by heisenmatt ↑

Quick question regarding capital gains tax since I'm new to the share world.

1. If i hold a share over 12 months and sell for a profit then that profit goes on top of my annual salary and i pay tax on it at my current rate?

2. If i sell off for a profit within the firsr 12 months il have to pay 50% of capital gains in tax?

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1. If you hold share for MORE than 12 months general rule is you add 50% of the net profit to your salary.

2. If you hold share for LESS than 12 months general rule is you add 100% of the net profit to your salary.
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