scottinvestor
- 25 Jun 2007 11:17
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
scottinvestor
- 05 Jul 2007 11:48
- 6 of 7
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.
Frampton
- 05 Jul 2007 14:49
- 7 of 7
Ok, apologies if I'm wrong, thats the way I understood it, but I don't claim to be an expert.