How To Calculate Capital Gains Tax On Investments
16.3 هزار بار بازدید -
3 سال پیش
-
The complete guide for figuring
The complete guide for figuring out how to calculate Capital Gains if you have bought and sold shares during the tax year.
You only have to do this if you have made over £12,300 in capital gains OR if you want to report a loss so you can use it to offset gains made in future years.
The basic principle is relatively straight forward but I will show how it can get really pretty complicated as you begin calculating capital gains tax in different scenarios.
I cover the process for:
1. Buying and then selling a single share
2. Buying multiple times and selling once
3. Buying and selling repeatedly multiple times
Plus I also point out a few key things to note like the way Bed and Breakfasting rules work and a few important factors to remember about calculating your gains or the tax calculation afterwards.
I'll talk about how you can deduct broker fees and UK Stamp Duty in the calculation and show you a few examples where some of these are not as straight-forward as you may think.
If this video doesn't put you off, feel free to use on of my affiliate links below to set up an investing account:
☕️ JOIN MY PATREON - DISCORD, BONUS VIDEOS, TARGET PRICES, MODELS & MORE
Patreon: sashayanshin
📌 GREAT INVESTING APPS I USE
INTERACTIVE BROKERS (Global - Main investing app I use)
https://bit.ly/ibkr-sasha
ETORO (Global - clean design, simple to use)
https://bit.ly/etoro-sasha
GET A FREE SHARE WORTH UP TO £100 WITH TRADING 212 (UK & Europe)
https://www.trading212.com/promocodes...
You need to sign up and make a deposit within 10 days to get a free share.
DISCLAIMER: Your capital is at risk.
DISCLAIMER: Some of these links may be affiliate links. If you purchase a product or service using one of these links, I will receive a small commission from the seller. There will be no additional charge for you.
DISCLAIMER: eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC and eToro USA Securities Inc.; Investing involves risk, including loss of principal; Not a recommendation. eToro does not provide tax, legal or accounting advice.
DISCLAIMER: Trading 212 provides execution-only service. This video should not be construed as investment advice. Investments can fall and rise.
DISCLAIMER: I am not a financial advisor and this is not a financial advice channel. All information is provided strictly for educational purposes. It does not take into account anybody's specific circumstances or situation. If you are making investment or other financial management decisions and require advice, please consult a suitably qualified licensed professional.
You only have to do this if you have made over £12,300 in capital gains OR if you want to report a loss so you can use it to offset gains made in future years.
The basic principle is relatively straight forward but I will show how it can get really pretty complicated as you begin calculating capital gains tax in different scenarios.
I cover the process for:
1. Buying and then selling a single share
2. Buying multiple times and selling once
3. Buying and selling repeatedly multiple times
Plus I also point out a few key things to note like the way Bed and Breakfasting rules work and a few important factors to remember about calculating your gains or the tax calculation afterwards.
I'll talk about how you can deduct broker fees and UK Stamp Duty in the calculation and show you a few examples where some of these are not as straight-forward as you may think.
If this video doesn't put you off, feel free to use on of my affiliate links below to set up an investing account:
☕️ JOIN MY PATREON - DISCORD, BONUS VIDEOS, TARGET PRICES, MODELS & MORE
Patreon: sashayanshin
📌 GREAT INVESTING APPS I USE
INTERACTIVE BROKERS (Global - Main investing app I use)
https://bit.ly/ibkr-sasha
ETORO (Global - clean design, simple to use)
https://bit.ly/etoro-sasha
GET A FREE SHARE WORTH UP TO £100 WITH TRADING 212 (UK & Europe)
https://www.trading212.com/promocodes...
You need to sign up and make a deposit within 10 days to get a free share.
DISCLAIMER: Your capital is at risk.
DISCLAIMER: Some of these links may be affiliate links. If you purchase a product or service using one of these links, I will receive a small commission from the seller. There will be no additional charge for you.
DISCLAIMER: eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC and eToro USA Securities Inc.; Investing involves risk, including loss of principal; Not a recommendation. eToro does not provide tax, legal or accounting advice.
DISCLAIMER: Trading 212 provides execution-only service. This video should not be construed as investment advice. Investments can fall and rise.
DISCLAIMER: I am not a financial advisor and this is not a financial advice channel. All information is provided strictly for educational purposes. It does not take into account anybody's specific circumstances or situation. If you are making investment or other financial management decisions and require advice, please consult a suitably qualified licensed professional.
3 سال پیش
در تاریخ 1400/01/06 منتشر شده
است.
16,330
بـار بازدید شده