(2) I use Degiro as a broker for context. If I dispose of shares making a profit of 100 euro for example, what are the tax implications of this? Do I simply wait until the end of the year and submit a form 12 with details of my disposals during the year? I realise gains will be subject to CGT at 33%, does this imply that my total tax liability on this 100 euro profit would be 33 euro? (I realise stamp duty is also chargeable at 1%, is that it?)
maca007755 wrote: »
im long metals now so im not trading but i know that if you sell your losing postions before year end you can write some of your profits off against them and let the remainder be taxed at 33%. simply buy back into those positions after year end if you want to continue with them.
im in the same position as you, would be great to pool info and resources, tried sending you a message but ive not got the required posts to do so. write to me if you think its a good idea.