From: "Rob graham"
Newsgroups: uk.finance
Subject: Re: CGT & selling shares
Date: Fri, 24 Aug 2007 18:17:22 +0100
Bytes: 1889
"jimbo45" wrote in message
news:JZDzi.26082$Db6.5173@newsfe3-win.ntli.net...
>I want to sell some shares, about £2,000-worth - Aviva and Alliance &
>Leicester - to raise some funds.
> One of the companies say they'll sell them for me for a fee of £30. Any
> advice on any cheaper ways of selling?
>
> Also, do I pay tax (CGT?) on the proceeds of the sale (all the half-yearly
> dividends over the years have always been paid to me net of tax)? At what
> rate will I pay it (if liable)?
>
> Many thanks for any help.
>
If your gains (from all sales of capital items in this tax year - not
dividends) are only £8,800, then no.
Rob Graham
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