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capital gains tax help?

(3 Posts)
whentheshithitsthefan Sat 24-Jan-15 17:08:46

husband cashed in some shares yesterday he got them via a share save thing from work, so for 5 years he saved £6000 and he cashed in at about £12000. neither of us has ever had any dealings with shares so we have o idea even slightly how much we will be looking at paying in tax...any ideas? and do we do it right now or is there a specific time we have to do it? thanks.

Squeegle Sun 25-Jan-15 11:14:15

You have to pay capital gains tax on any profit over £11,000. So you should be fine as far as I am aware.

whentheshithitsthefan Mon 26-Jan-15 17:27:43

thank you.

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