Member Info for hardup

Correction to last, should read......

Even though you spent £10,000 on share which are now worth £13,000

Even though you spent £10,00 on share which are now worth £13,00, there is no capital gain tax liability until you sell the shares. As it stands if you sold all of your shares for £13,000 then your capital gain is £3,000 which falls within the current capital gains allowance of £3,000 a year, so assuming this was your only capital gain for the year, it would not incur CGT. If you only sold £10,000 worth of the shares and left £3,000 invested then your capital gain is less than £3,000 which will still be below your allowance. The capital gain in this scenario is the number of shares you have actually sold x the share price when you bought the shares initially subtracted from the £10,000 which is the amount you received when you sold the shares.

I think it is guaranteed that the £3,000 annual CGT allowance for this year will be lowered or even taken to zero from the start of the new tax year in April 2025.

Antony901

"Everyone was warned in the 80’s and 90’s our pensions would need topping up, Everyone."

Not everyone would have had sufficient disposable income to pay a mortgage and save towards a pension or other.

Antony901

"I have no sympathy for any pensioner who is so desperate for a free £300 per year heating allowance"

Perhaps you would if YOU were a pensioner and your ONLY source of income was the basic state pension.

Antony901

"rachael reeves is an economist (qualified) so love her or hate her, she knows what’s she’s doing."

So if economists know what they are doing, why are we where we are at now?

Oh dear, Lloydslandlord........

aka ImaRight,

aka simones

aka SHEENS

aka carltt

aka CaveatEmptor

"Liberal Labour Tory tozzers are soft appeaser gutless bunts"

That's you by the way STP. 🤣

After 136 trading days, buyback complete to date:

Total shares to date...................................................,2,617,102,842

Aggregate cost to date... ............................................£1,401,897,787.46

Average price paid to date..........................................53.5668p

Percentage of £2 billion buyback completed............70.09%

STP

"LeeRex, I would be more interested in whether the forecast of 80p by chips is pure fantasy or indeed our prospect of continuing to get good dividends..."

The only one that is being fooled by your charade is you.

MV

Buybacks are already taxed in America. Quite possible in the forthcoming budget. Until then we can only speculate.

The UK is on the cusp of a “regime change” in corporate attitudes towards share buybacks, Panmure Liberum analysts have said.

Looking through financial statements, Panmure Liberum analysts Joachim Klement and Susana Cruz found that mentions of buybacks have risen 144 per cent over the last year for FTSE 100 companies, with a 79 per cent spike just in the last quarter.

https://www.cityam.com/investors-brace-for-wave-of-share-buybacks-from-uk-companies/

STP we all know you're a thick bunt but plagiarism will get you nowhere. 🤡

Still living rent free in your head my little stalker.

BLB, lets put this into perspective.

Market is down today. All UK banks are down today, Lloyds less than Barclays and Natwest. Lloyds currently down -0.7%. Barclays down -1.55%, Natwest down -1.33%.

After 135 trading days, buyback complete to date:

Total shares to date...................................................,2,588,101,110

Aggregate cost to date... ............................................£1,385,367,844.29

Average price paid to date..........................................53.5284p

Percentage of £2 billion buyback completed............69.27%

Priti Patel is the first prospective candidate for Tory leader to be voted out in the first ballot.

Labour have scrapped plans for the launch of the new UK ISA.

It is claimed the new Labour government does not want to complicate the investment landscape further by introducing a seventh ISA vehicle.

https://citywire.com/funds-insider/news/a-political-gimmick-uk-isa-scrapped/a2449359?

After 134 trading days, buyback complete to date:

Total shares to date...................................................,2,561,563,122

Aggregate cost to date... ............................................£1,370,021,403.51

Average price paid to date..........................................53.4838p

Percentage of £2 billion buyback completed............68.50%

Brixton.......Seems to me you are the only one whingeing.

We have 4 more years of Labour to look forward to!

The question is how low will STP stoop to over that period.