My investment pot has swelled to £46,100 in eight years – have I dug myself into a capital gains tax trap?
Story by Harvey Dorset
I’ve been making regular monthly investment contributions and reinvesting the dividends.
I have paid £300 in each month for the past 97 months, and in doing so have accumulated £46,100 from a total investment of £29,100 plus the dividends that I have reinvested.
How can I calculate capital gains tax on this investment, and have I dug myself into a tax trap?
Your article helped me a lot, is there any more related content? Thanks!
Your article helped me a lot, is there any more related content? Thanks!