How would dispose of a decent amount of shares in a s104 holding in a tax efficient manner? There're about 10 years of shares in this account, yes, I'm lucky, yes it's in dollars because that's how e-trade works. Fro tax purposes, I'.m fucked.
I'm not asking about task evasion, happy to pay what I owe in CGT, but is there an easy way that doesn't involve paying an ACCA approved person that still doesn't know what bed and breakfast means?
>>9609 Well, no. What you linked is great if you want to dump it all and the basic rules: s104, b&b, same day, etc. And it's "documented" but ad some share splits, occasional sales, particularly those that fall into same day, 30 day, or B&B sales an the spreadhseet gets complex.
That and there's paying your due to society, and then there's not taking advantage of CGT tax limits by spreading it out over a few years.
If this seems all straight forward to you, I see a bright fututre in an accountancy firm for you.
>>9610 >If this seems all straight forward to you, I see a bright fututre in an accountancy firm for you.
I work in banking. This stuff is pretty straightforward. Sounds like you haven't kept good enough records and are trying to avoid paying the tax. Pay the fucking tax, it's easier when you have that much money and you won't spend time looking over your shoulder.
