bosley
- 20 Feb 2004 09:34
Oilywag
- 03 Apr 2006 21:38
- 15868 of 27111
sd
Does that include selling shares in a normal trading account, transferring the funds to an ISA or similar and then buying them back almost immediately?
The oily one
JJS
- 03 Apr 2006 22:11
- 15869 of 27111
Bosley,
Is Paul here somewhere then ?
You seem stressed, try one of Oily's Yoga classes !
garyble
- 03 Apr 2006 22:25
- 15870 of 27111
Bosley,
we could be infested for a while as I believe he's banned again on advfn.
stockdog
- 04 Apr 2006 10:02
- 15871 of 27111
Oilywag - I thought it was OK, bt someone on another board said not. Check on the HMRC website.
http://www.hmrc.gov.uk/leaflets/cgt1.htm#j
greekman
- 04 Apr 2006 10:49
- 15872 of 27111
Oilywag,
The new rules re B and B came into effect on 22.03.06.
From th Inland Revenue site.
7. Section 106A(5) applies where, within 30 days after the disposal, the person who made the disposal acquires securities which are identical to those disposed of. Its effect is that the capital gain or loss is calculated as though the securities disposed of were, as far as that is possible, those acquired in the 30 day period.
stockdog
- 04 Apr 2006 11:21
- 15873 of 27111
Greekman - does that apply when you dispose of shares from an ordinary trading account and then re-acquire same shares from within an ISA?
BTW - can anyone point me to a reliable source of Industry Sector Earnings Yield, Dividend Yield and PER information - thanks.
greekman
- 04 Apr 2006 11:48
- 15874 of 27111
stockdog,
As far as I understand it yes. It's the initial sale that effects the CGT, no matter how you re-purchase the identical shares.
stockdog
- 04 Apr 2006 12:31
- 15875 of 27111
It's an anomaly (lovely girl!) to effectively charge to tax an asset inside a tax-free wrapper - and would be a relatively minor detraction from tax take for HMRC to allow it.
Oilywag
- 04 Apr 2006 14:00
- 15876 of 27111
stockdog, greekman
Thanks for the info.
Think I may phone the IR get clarification on this point. Sure that there are many who in the same position.
Will let you know what the outcome is.
The oily one
hewittalan6
- 04 Apr 2006 14:24
- 15877 of 27111
Don't like the sp. Have we breached an important support level?
Oilywag
- 04 Apr 2006 14:29
- 15878 of 27111
Alan
Nah, I think it is just the end of the tax year shenanigans and the price will return to normal on the 6th or soon thereafter.
Lovely buying opportunity!
The oily one
stockdog
- 04 Apr 2006 14:32
- 15879 of 27111
A lot of concerted buying going on - so why the drop in SP? Why should I be expected to understand how the market works?
Here's trusting to Oilywag's POV. Why should he be expected to know any better?
PapalPower
- 04 Apr 2006 14:56
- 15880 of 27111
Would agree with that Oilywag, will there be some more big buys end of the day mopping up the end of tax year sells ?
Last day for end of tax year selling is tomorrow, Thursday is the stat of a whole new year.
Be lucky !
Oilywag
- 04 Apr 2006 15:03
- 15881 of 27111
sd
Don't know that I do. Its just a guess, intuition and a recall of things I saw last year with several other shares.
For those who are nervous by the drop, just think of the future and hold - or buy more. The future is bright and its not PLASTIC.
The oily one
hewittalan6
- 04 Apr 2006 15:25
- 15882 of 27111
Oh I'm content with the future!!!!!!!!!
Its the present sp and its interminable wobbles that always gets me, because the fashion for trading by chart and watching for technical sells and buys means that understandable and completely rational movements get amplified, because pc's across the globe flash a stock up as a technical trade.
Still happy to hold. I get the gut feeling that news is close.
Alan
hewittalan6
- 04 Apr 2006 16:32
- 15884 of 27111
Chill, Driver.
We'll get news soon. Promise.
It might not be costed or have figures to it, or even be anything definite, but we will get it. This is SEO after all!!
Seriously. WM were talking fast track, and unless their dictionary is dramatically different to mine, we should get a firm update soon. Starpol is a commodity, rather than a process or bit of kit, so we should not have to endure the teething troubles of Greenseal.
The other thing likely to break (pun intended) is the ciggy filter thing. After all, there are a limited number of ciggy manufacturers in the world, so they should all have been approached by now. I don't expect much of anything from this, but it would be news!
Alan
kimoldfield
- 04 Apr 2006 17:28
- 15885 of 27111
The ciggy filter thing could be bigger than you think Alan, with smokers in Ireland & Scotland relegated to smoking outdoors there must already be hundreds of thousands of non-bio filters clogging the pavements! As for Starpol, SEO must be coming up to the checkout by know. This company is going to be sooooo good for the patient shareholders!
kim
hewittalan6
- 04 Apr 2006 17:39
- 15886 of 27111
Speaking as a smoker, I would happily invest millions in any company that solves the chewing gum on the streets problem. In Leeds, you get a 50 fine for dropping a cig end, but none for chewing gum, and I know which is the biggest menace.
There. Moan over.
alan
kimoldfield
- 04 Apr 2006 18:41
- 15887 of 27111
Some comment or other about a sticky end springs to mind, but perhaps it is wiser not to go down that road!?!
kim