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jevontate 7 months ago
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Wrap your shares in an ISA and you don't pay any tax on them, just don't go above £10k profit, hold your other shares in a normal trading account. Once the tax year is up unload all your profits into premium bonds and repeat the process. That's £20k per year TAX FREE. Remember never cash in more than £20k a year profits from your shares or you'll end up capital cons tax! If you want more than £20k a year use your partners / spouses allowance.
leerees 1 year ago
Comment removed
leerees 1 year ago
Vote Lib Dems Outright next time, they will save us all..........
BritishWarLord 1 year ago
Scrap capital gains taxes other than for real estate, watch what happens to the economy.
anon2999 1 year ago 2
@anon2999 I don't think they will ever consider that. Think of all the other unfair taxes, you earn money it's taxed, put into savings it's (mostly) taxed, spend it it's taxed, you give it away it's mostly taxed. The only thing that isn't taxed is the money those on benefits get - it's tax free.
Saving in the UK has been made _unattractive_ by Labour, they stole from pensions and savers, the coalition continues to steal from savers with the deliberate low interest rates for borrowers.
liarpoliticians 1 year ago
@liarpoliticians I'm really not sure why they expect the economy to grow and for people to invest when they disincentivize investment (not to mention work and saving) to such a degree.
The ruling class has either gone mad or this is a deliberate attempt to destroy the West.
anon2999 1 year ago 2
@anon2999 It's deliberate.
liarpoliticians 1 year ago 2