back where its supposed to be, page-20

Well said Sid,
qualified accountant here, most you can pay is 46.5% on the gain (Sale amount less cost amount including brokerage), thats if you sell out within a year. If you hold for more than a year you get a 50% discount on the gain, so you pay 23.25 at worst.

Completely different rules for traders and long term investors though. The above is for investors. If you are in the business of trading all buys are deductions and all sells are income - no discount anywhere along the way.

TO the inexperienced with tax, please go see your accountant if you are unsure which group you fit in, its a question of fact on all your dealings, not a simple matter of held this one for more than a year so I get 50% discount.

Its impossible to achieve best result without taking tax consequences into account. Destrier has a valid point above, just the rates are slightly high. Most give enough to Jules (and looking like being .5% more) so don't give more than you have too!!!!!

Ta,
Beef.