CGT & selling shares


J

jimbo45

I want to sell some shares, about £2,000-worth - Aviva and Alliance &
Leicester - to raise some funds.
One of the companies say they'll sell them for me for a fee of £30. Any
advice on any cheaper ways of selling?

Also, do I pay tax (CGT?) on the proceeds of the sale (all the half-yearly
dividends over the years have always been paid to me net of tax)? At what
rate will I pay it (if liable)?

Many thanks for any help.
 
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R

Rob graham

jimbo45 said:
I want to sell some shares, about £2,000-worth - Aviva and Alliance &
Leicester - to raise some funds.
One of the companies say they'll sell them for me for a fee of £30. Any
advice on any cheaper ways of selling?

Also, do I pay tax (CGT?) on the proceeds of the sale (all the half-yearly
dividends over the years have always been paid to me net of tax)? At what
rate will I pay it (if liable)?

Many thanks for any help.
If your gains (from all sales of capital items in this tax year - not
dividends) are only £8,800, then no.

Rob Graham
 
J

jimbo45

Rob graham said:
If your gains (from all sales of capital items in this tax year - not
dividends) are only £8,800, then no.

Rob Graham
That's clear enough. Many thanks.
 
J

John Boyle

Rob graham said:
If your gains (from all sales of capital items in this tax year - not
dividends) are only £8,800, then no.
Or even £9200!
 
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