RE: Advice regarding declaring CGT on shares17 Jan 2021 19:08
BTW, those are fantastic averages to have bp and shell at. You won't go wrong with that. Could do with being in ISA though, as this will put any tax concerns to bed. Otherwise you'd be limited to realising just £11k ish per tax yr. You could set an ISA up for your wife as you said you already hold one, before April then sell some shell or bp before April then in the space of a week you could re buy £60k if you wish between you and your wife, the only risk you run is the SP going up in the week it usually takes to clear the money, also you don't really want to be making more than CGT threshold. You could sell enough end of March to not cross threshold, then again in early April , but as I said with your averages you're onto a winner. ATB.