capital gains tax

fiver1 | 08:39 Wed 14th Jun 2006 | Business & Finance

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my company share save scheme is coming to a close, once i have my shares how many can i sell before i have to pay capital gains tax?

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buildersmate

It depends on the market value of the shares in question. You can earn �8500 free of cap before CGT cuts in, so you could sell just enough shares to fall short of the �8500 figure than sell more next financial year. The capital gain is the market value of the share less the price you paid, of course.

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