Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
In the unlikely event HMRC knocking on your door pursuing your CG from profits on shares.
A lot of people here probably never have submitted a Self Assesment unless self employed or are responsibly detailing their share transactions. I do due to my work, and I also submit and detail my REALISED capital losses within my self assesment from share.
These REALISED losses as I have said before you can carry for 5 years as long as you have declared them in a self assesment. If you are a frequent trader, good luck as it takes a long time!
80% of my portfolio is in ISA so I don't have to detail that in self assesment. I just now have to detail trades in my other share dealing account. To date I have never paid CGT on my shares as I make plans so I do not and I offset it from previous years losses.
Over the following years it will get harder for me to do so as CGT allowance decreases significantly and my declared losses allowance is used up.
Obviously make use of your ISA this tax year and next tax year,. Next tax year around June/July be aware you will see the additional 5k for UK holdings permitted so take advantage of this too, as the ISA review is conducted.
But all of this HMRC don't magically know, you have to tell them in a self assesment which you need a government gateway to perform. Yes it is possible that you will totally get away with unpaid CG from share profits, but you 'may' get investigated however unlikely as you have all submitted your NI number and personal details when you register with a broker. I think a lot of people just think you automatically get a bill from HMRC which is not the case. They may find out and they may send you an outstanding CGT reminder. I just don't see a lot of the people on here submitting a self assesment detailing their many transactions and profits /losses. Of course some will and I suspect they are the ones not asking these questions...
Anyway good luck. Plan well and avoid CGT
BBC News - Boeing whistleblower found dead in US
https://www.bbc.co.uk/news/business-68534703
Hopeful118, not saying you are doing this but if your bank discovers you are using credit cards to purchase shares you will get hammered. They prevent it and if you do get away with it, typically they will charge it as same as an ATM cash withdrawal. You may sometimes go under the radar going via PayPal. Not saying I've ever done that 😇