hi guys

can anyone tell me how capital gains tax is worked out with regard to RTD?
I have held shares for 3 whole years and made around 12K gain over 8800 CGT. I know RTD was in small caps index and techmark 100 index.
What tax do i need to pay?..........hows it worked out.
Oh, i am not a top rate taxpayer, just normal tax payer in the year.

any calcs to help will be appreciated

Working back approx 3 years ago you would have purchased about 10,000 shares at 80p each, to be in a position sitting on a 12,000 profit now at 200p per share.
I havn't looked for a while but very approx the sums go like this.
Total profit, minus buying costs, minus allowance (approx 9,000) equals 3000 which is taxable.
You qualify for 3 years taper relief which is approx 30% off your tax bill. Check out actual rates these are from memory.
You will have to pay either 10% or 20% depending on type of aim stock.
3000 times 20% equals 600, minus 30% taper relief of 180 equals 420 to pay, or
3000 times 10% equals 300, minus 30% taper relief of 90 equals 210 to pay.
I hope this helps.

go to: www.cgtcalculator.com
you should be able to get a good guide from their.

i made a gain of about 21,250.
I think RTD can be classed as a business share (looking at HMRC website) as it was on small caps index and techmark 100.
Thus, after 2 years, i should get 25% of gain.
Thus, 25% x 21250 = about 5000

This is therefore less than 8800 allowance thus i should not pay any CGT tax.

Can anyone confirm this?

I think you have that wrong. You should take the 8800 from the 21,250 first, leaving you 12,450 which is subject to capital gains tax. You then apply the taper relief to any tax owed. You certainly should be paying some tax on this gain unless you have any losses to claim.

i looked up www.cgtcalculator.com and looked at examples of calcs........and one of them calculated it as 25% of initial gain 1st before looking at allowances.
They had several gains to give a complicated example.

Ok, apologies if I'm wrong, thats the way I understood it, but I don't claim to be an expert.