Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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He's keeping well. I've had correspondence from him today.
Yep I second that about Mark. End of the day permits can wait as long as our staff and the residents of La India stay as safe as they can.
Let's hope we don't have a 2 year delay tho! GLA.
Yeah :( I just hope Mark is fine and keeping safe... that’s the last thing we all needed...
It will come. Got to say we have been very unfortunate with occurrences beyond our boards control, i.e. political unrest in Nic, IFC change of strategy, Covid 19. It just shows you what a decent job Mark and the rest of the team are doing.
Thanx Frenchie and let this materialise... it’s been a long 10 year....
Patryk, thee will be no tax to pay as you would have paid stamp duty at time of initial purchase. All profits in your ISA will be free of any tax. No need for a letter.
Thanx all, so basically if I don’t hold shares outside my isa there’s nothing to report to revenue and nothing to pay when profits are made? I’m just worried I would be taxed on the initial 230k I’ve put into CNR...plus the profit if that ever occurs here... maybe a letter to Revenue isn’t a bad idea? Confused.com
If you bed and isa your are not subjected to any gain/loss on the bed part. That's why I always sell separately to crystal the loss to use against other gains then reinvest in the isa. The risk is the the price goes up you lose out. I mitigate this by having a 20k float so I buy in the isa first which usually means selling the price is the same as what I bought at
Morning Patryk. You declare a loss if you have or intend to hold shares outside the ISA wrap. It can be with any company and all that would happen is any capital gains in the future on those shares when sold, would be offset against the loss on your Condor shares. So unless you have holdings outside the ISA, then there is no point. To declare a loss you use Self assessment form SA108
https://www.gov.uk/government/publications/self-assessment-capital-gains-summary-sa108
I have had to do the same to cover a variety of losses. I did not find a form to fill in. So you need to write them a letter and list the trading losses relevant to the particular shares and the date the losses materialised.
Hi mate, you're talking about Bed & ISA. You don’t pay capital gains tax on assets held in ISAs, so once your shares are in your ISA they are no longer subject to taxation. As far as I understand you can book a loss if you sold the shares in your non-ISA share dealing account (the "Bed" part) at a loss, regardless if you then re-bought in your ISA. If you now have £200k worth of Condor shares in your ISA and you make, for example, £100k when you finally come to sell, you no longer have to pay CGT on that £100k since the shares were held in an ISA. Hope that helps.
Hi all over the past few years I’ve moved my shares to my and my wife’s ISA account hoping this will one day deliver, as most of you know I’m suffering way over 100k loss here, I’m wondering if I need to report the loss to hmrc somehow as when the shares were moved to My isa account they were sold by the broker and bought again, can anyone help? am reading the hmrc stuff but it’s so ever confusing, is there a form I need to fill ? From what I read so far I can only offset 4 years worth of loss against Future profit before 5th of April ... can anyone offer some help here on how to do it?? Does that mean that when I invested for eg 200k of my own money here and this ever materialise I will need to pay tax on that 200k.., this is so confusing any help would be greatly appreciated...