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pay tax on investment profit?

4 replies

Doryfish12 · 05/08/2025 17:22

Hi, I invested a few hundred pounds into a company , its made £1200 in profit, I've withdrawn this, left the original investment in there.
Do I declare it? if so , how / when ?
TIA

OP posts:
Cotswoldsmama90 · 05/08/2025 17:24

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TizerorFizz · 05/08/2025 17:29

It’s not CGT. The original investment is still invested. The asset has not been sold. So this is income I would have thought.

Doryfish12 · 05/08/2025 17:36

iI could sell whats left, not particularly bothered keeping them now...??

OP posts:
messybutfun · 05/08/2025 19:46

If it’s shares you bought and you have just sold some of them, then you have not ‘taken all the profit’. Your gain is the difference between your purchase and selling price.
You can make £3k capital gains per tax year (England) without tax due.

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