Quizzes & Puzzles0 min ago
Standard Life
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I have 644 shares, if the price closes on 1st April at 315 as it did yesterday and I paid 230 for them, how much can I expect to be paid out? Thank you.
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You will receive: 644 x 315 = 2,028.60 minus dealing costs (say 12.50) = �2,014.10.
The price you paid doesn't affect how much you would receive - it affects the profit (loss) you make. In this case, excluding any dealing costs, it would be: 315 - 230 = 85 x 644 = �547.40.
This also assumes you haven't sold any other shares this financial year that would take you over the annual CGT limit(approximately �7.5k)
The price you paid doesn't affect how much you would receive - it affects the profit (loss) you make. In this case, excluding any dealing costs, it would be: 315 - 230 = 85 x 644 = �547.40.
This also assumes you haven't sold any other shares this financial year that would take you over the annual CGT limit(approximately �7.5k)
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