jj

You pay the CGT? I'd expect a large prezzie!! ;-))

Hope he bought the early part of Aug03. Price currently hovering around 50SMA with 200SMA almost 125p. A close below 135p might not look good, but then I'm more of a trader and not an investor!! Please remember that.

Best of luck with it.

Al
;-)

Al,

I think I should re-word that! Sadly, as he is too young to have an account in his own name, he buys through mine, therefore "his" CGT liability is actually my CGT :-( In practice, the whole agreement has backfired a bit as initially I agreed to cover expenses so he was happy to sell on minimum gain - at least that has been sorted out!! Purchase was end of August but at 91p - in his eyes, still a nice profit. I shall keep track this week as he is not around.

Thanks, Al

jj:-)

jj50, you should split his money into a separate account which can be in your name but designated with his initials, e.g. SMITH J A/C GH . Then you are effectively trustee for his money and he will have his own CGT allowance. No point in giving the tax man more money than necessary!

Kayak,

Didn't realise I could do this. Shall investigate....sounds good though! In your debt again Kayak, thank you!

Kayak

I didn't realise that either and I've been considering how I could start doing stuff for my kids. This is excellent news - thanks.

jj - in anyone's eyes it's a nice profit. Wish I'd seem it back then. ;-)

One post today!!!! Must be very quite on the market front..

Well done Jen and son, sounds like you'll both be having a
good Chrismas :>)