Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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They just won’t let the SP go, like we are walking in Treacle, they can’t hold it back forever, news in the pipeline not far away then this will fly.
GLA.
Well said Bobat. I see this share as my golden tickets and will not part with any of it until the true value realised. I have seen how Arb had risen so expecting at least that here and more.
GLA genuine QBTrs
Absolutely - FG could spring a surprise at any time - something no one is expecting.
Thinking tie ups / collaboration with major Mining co for example. 3p will be well in the rear view mirror then. There will be big dogs sniffing at the QBT door for this game changing tech.
Peeps buy in and then sell at a loss trying to chase rainbows elsewhere. Peeps need patience.
Ah, good then, don't want Boris taking any of my ££££££'s next year lol.
He is talking about CGTax outside of an ISA.
Steve.. It is....we were talking about someone who had invested outside an ISA.
I thought it was untouchable if in an isa ?
Using losses to reduce your gain
When you report a loss, the amount is deducted from the gains you made in the same tax year.
If your total taxable gain is still above the tax-free allowance, you can deduct unused losses from previous tax years. If they reduce your gain to the tax-free allowance, you can carry forward the remaining losses to a future tax year.
https://www.gov.uk/capital-gains-tax/losses
One real subtlety.....you can limit the amount of losses brought forward from previous years and used in the current tax year to that which leaves profits at the annual CGT allowance. Any remaining losses brought forward which then remain can be carried forward.
I better look into mine as well haha. Especially when this takes off.
Notready 1. Thank you for reply much appreciated.
Can't go backwards. Can use losses in current tax year against any capital gains (shares or other) and any unused losses can be carried forward indefinitely....
How far back can you apply losses?
Copro....Yes you can in the same tax year and losses can be carried forward to the next tax years.
False wide bid/offer spread this morning with buys/sells near top of range. Interesting start to the day imo. Games afoot.
I know from my own Tax Returns and advice from my accountant. Each trade is treated separately, each is an individual enterprise and tax is paid on every profit. I don't believe you can offset lossses on other trades against profits made on the earlier trades.
Why on Earth did he not trade in an ISA?
Whether he takes it into his bank account makes no difference whatsoever......
..losing....
Drutor, you are completely wrong. He owes CGT on gains above c.£12k and should have put money aside before lising it all.
Have the funds ever been moved from his share account to his bank account?
If hes reinvested it all i dont think he has to pay any? Only if he draws a profit over 12k into his bank account? Im probably wrong though?
The profits made in the year to April 21 are liable to capital gains tax payable 31-jan 22.
The proceeds re invested in shares that have tanked have not yet realised a gain or a loss as they are still held. So it won’t effect his tax bill .If he did any tax planning like share swaps he would need to see an accountant for advice.
Morning morning, no disrespect to anybody here but with the amount you talk about a professional advisor should be sought.