bradygaz wrote: »
Have had a look and cant find the answer to this so any advice greatly appreciated.
Another newbie to investing over the last year.
Is CGT on LSE shares 33%?
I am certainly not day trading as looking longer term but have bought in and sold out of the one stock a few times across the year to date as I average down and increase number of shares.
This morning I sold out of this stock completely first thing which delivered a nice % profit. I then used all of this money to buy shares in the same company in the further dip and so ended up with more shares.Will I need to pay CGT on that profit even though reinvested?
Might have been too smart for my own good there but everyday is a school day.