RE: January 2022 Lloyds Sale was over £6 now 55p16 Jan 2022 20:53
Fleccy wrote "Over 80p and I'm looking at a capital gain approaching £100,000, after topping up during covid, but I'm in no hurry to sell. If the yearly dividend get back to 3p+ a share, my Lloyds dividends alone will generate an income of nearly £10,000 a year"
Had these been placed in an ISA then there would be no CGT. Even now you could start the process to reduce CGT with a Bed & ISA utilising losses against gains. Always best to get under the ISA blanket. Dividends received outside of the ISA blanket need to be reported on an annual tax return if it exceeds a certain amount. If your statement above is your only dividend income, though judging by your wording it is not, then you will be below your annual amount but you may still be required to declare. Respectfully suggest you look at getting your shares in to an ISA account whenever possible.
On a final note you may wish to look at generating better returns. If Lloyds is giving you a possible return of under £10k then you could be looking at doubling or more with a reit. I would suggest you look around but for me Lloyds is certainly one to keep in the portfolio. Hope you do not mind my comments and wishing you good fortune with your holdings.