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Lloyds Banking Group Share Chat (LLOY)



Share Price: 79.86Bid: 79.84Ask: 79.87Change: 0.33 (+0.41%)Riser - Lloyds Grp.
Spread: 0.03Spread as %: 0.04%Open: 79.63High: 79.94Low: 79.35Yesterday’s Close: 79.53


Share Discussion for Lloyds Grp. (LLOY)


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lego
Posts: 10,894
Off Topic
Opinion:No Opinion
Price:78.49
View Thread (4)
RE: Murky times ahead
Sat 21:33
Selling the house on Monday, going to live in my tent, tax man can **** off.

LOL
 
Petanqueplayer
Posts: 463
Off Topic
Opinion:No Opinion
Price:78.49
wibblewobble
Sat 17:30
Of Course it's not true - ignore him - John65 is spot on with his post

Pugsy - care to post a link to your source? and why you think the working class are suffering because of this change? do you think they all have second homes?
wibblewobble
Posts: 7
Off Topic
Opinion:No Opinion
Price:78.49
View Thread (4)
RE: Murky times ahead
Fri 22:56
Selling a Buy to Let, in essence an investment property has (to my knowledge) always attracted CGT at 28%
wibblewobble
Posts: 7
Off Topic
Opinion:No Opinion
Price:78.49
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RE: Murky times ahead
Fri 22:51
Scary if true, where did you learn this?

You don’t pay Capital Gains Tax when you sell (or ‘dispose of’) your home if all of the following apply:
you have one home and you’ve lived in it as your main home for all the time you’ve owned it
you haven’t let part of it out - this doesn’t include having a single lodger
you haven’t used part of it for business only
the grounds, including all buildings, are less than 5,000 square metres (just over an acre) in total
you didn’t buy it just to make a gain

You don’t need to do anything. You’ll automatically get a tax relief called Private Residence Relief.

If you don’t meet all these criteria you may have to pay some Capital Gains Tax.

Source: https://www.gov.uk/tax-sell-home
John65
Posts: 539
Answer
Opinion:No Opinion
Price:78.49
Pugsy... CGT on UK Homes
Fri 21:18
A change in taxation came into being April 15 this year and it applies to Non-Residents. HMG is not imposing a tax of 28% or any tax atall on the sale of a main residential property for UK homeowners….as opposed to a second,usually, holiday home.

As it stands UK residents will pay CGT on the sale of a second home here so this anomaly is being put right.

https://wealth.barclays.com/en_gb/internationalwealth/your-financial-life/could-the-new-uk-property-tax-affect-you.html
lego
Posts: 10,894
Off Topic
Opinion:No Opinion
Price:78.49
View Thread (2)
RE: Assistance needed
Fri 21:03
Ask someone at work, or are they all numpties ?
spindok
Posts: 7,288
Premium Chat Member
Question
Opinion:No Opinion
Price:78.49
Pugsy
Fri 20:58
You on the wobbly fluid..??
Twinklyhulkster
Posts: 1
Off Topic
Opinion:No Opinion
Price:78.49
View Thread (2)
Assistance needed
Fri 20:42
I work for lloyds and have received free shares, bought shares via rights issue and bought shares via internal share plans over the years. The shares have a ticket value ranging from 30p to £5 plus. I'm looking to sell these in tranches in order to rebuy via the new share plan scheme, while holding enough to secure possible dividends in the next year. My quandary is, how do I do this and pay the minimal tax...... Is there a fool's guide ?
Pugsy
Posts: 357
Observation
Opinion:No Opinion
Price:78.49
View Thread (4)
Murky times ahead
Fri 18:25
I have just learnt the Government has brought in the CGT on Homes from April 2015,they will be valued from 2012,CGT will be 28% on the Profit made if you sell your home. What else will the working class man have to suffer?
Shipmate1
Posts: 2,364
Off Topic
Opinion:No Opinion
Price:78.49
well
Fri 16:54
i guess everyone must still be watching the drama over at QPP ...
ship all alone on the Lloyds board x



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