RE: Off Topic - Tax31 Jul 2020 10:12
I have a wee question maybe one of you more experienced guys can answer regarding tax... If I have a share dealing account, does CGT effect individual shares or the account as a whole? I'm currently making a good profit with COPL but making losses on other shares. If I were to sell COPL at a profit but keep the funds within my account to reinvest, would the gains be liable to CGT or is it only liable after it goes into your bank account? Or can I offset losses of other shares to gains with COPL? Cheers!