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Capital Gains Tax (CGT)     

jamboree joe - 24 Aug 2007 23:11

Can anyone tell me if buying and then selling the same shares on the same day has any bearing on CGT? Or are day traders exempt? Thanks. JJ.

banjomick - 25 Aug 2007 00:27 - 2 of 5

lol no,all share dealings come under CGT however quick you buy and sell.

jamboree joe - 25 Aug 2007 09:05 - 3 of 5


Anyone know if it's worthwhile setting up as a business concern in order to minimize CGT as a day trader?

sned - 25 Aug 2007 13:34 - 4 of 5

google it or try
http://www.taxcafe.co.uk/stock-market.html?gclid=CM_RlpXVkI4CFQ9nXgodZiBJEg

jamboree joe - 25 Aug 2007 19:14 - 5 of 5

cheers sned - will do. Just curious.
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