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capital gains tax help?

2 replies

whentheshithitsthefan · 24/01/2015 17:08

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.

OP posts:
Squeegle · 25/01/2015 11:14

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 · 26/01/2015 17:27

thank you.

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