New Posts For Thread: Advise needed... Shares.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23729106/advise-needed-sharesHi all,I would like your opinion on what to do with the following dilemma.I currently have some money tied up in shares, that are valued at around 30k. Within the next 24 months I will be looking to cash these shares in to to use as a deposit to buyshares sitting at 87, will go up when the takeover ball starts to roll. joint company aint got the funds so the big boys will be watching as iraq oil is where the cash is.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23729106/advise-needed-shares?post_id=426042578#426042578shares sitting at 87, will go up when the takeover ball starts to roll. joint company aint got the funds so the big boys will be watching as iraq oil is where the cash is.Sat, 13 Mar 2010 08:05:16 -0600GKP will be having a fund raising soon - and it is rumoured to be at around 60p.Beware.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23729106/advise-needed-shares?post_id=426042574#426042574GKP will be having a fund raising soon - and it is rumoured to be at around 60p.Beware.Sat, 13 Mar 2010 07:51:23 -0600put it all into Gulf keystone. Just about to booooooooooom :-)https://community.betfair.com/tradefair__financials/go/thread/view/94198/23729106/advise-needed-shares?post_id=426042534#426042534put it all into Gulf keystone. Just about to booooooooooom :-)Tue, 09 Mar 2010 13:50:24 -0600i read somewhere if you sell shares but buy them back befoe 30 days you pay no tax on them? is that rightpleasehttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729106/advise-needed-shares?post_id=426042518#426042518i read somewhere if you sell shares but buy them back befoe 30 days you pay no tax on them? is that rightpleaseSun, 07 Mar 2010 15:50:07 -0600Get rid of the shares asap buy commodities and or ETFs. When you come to buy a house, prices will have fallen, the pound will have fallen but your £30,000 should be worth between £35,000 and £40,000. Shame you just missed a nice dip.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23729106/advise-needed-shares?post_id=426042462#426042462Get rid of the shares asap buy commodities and or ETFs. When you come to buy a house, prices will have fallen, the pound will have fallen but your £30,000 should be worth between £35,000 and £40,000. Shame you just missed a nice dip.Fri, 05 Mar 2010 09:31:46 -0600Ok right I understand this now a lot more clearly.Thanks for the advise. I think I will be looking to sell a sum this year and then sell anouther amount after April 5th.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23729106/advise-needed-shares?post_id=426042458#426042458Ok right I understand this now a lot more clearly.Thanks for the advise. I think I will be looking to sell a sum this year and then sell anouther amount after April 5th.Fri, 05 Mar 2010 08:57:30 -0600Ok right I understand this now a lot more clearly.Thanks for the advise. I think I will be to sell a sum this year and then sell anouther amount after April 6th.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23729106/advise-needed-shares?post_id=426042454#426042454Ok right I understand this now a lot more clearly.Thanks for the advise. I think I will be to sell a sum this year and then sell anouther amount after April 6th.Fri, 05 Mar 2010 08:56:50 -0600Your personal tax allowance and CGT allowance are separate. You can't offset one against the other.At the moment you are 'ahead' £21k. If you sell £14,600 before April 5th you will have no tax liability for this tax year. You can then sell a simhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729106/advise-needed-shares?post_id=426042450#426042450Your personal tax allowance and CGT allowance are separate. You can't offset one against the other.At the moment you are 'ahead' £21k. If you sell £14,600 before April 5th you will have no tax liability for this tax year. You can then sell a simFri, 05 Mar 2010 08:47:50 -0600Just to make things a bit clearer, I just want to know the best way to pay as little tax as possibly on them. And thought that now (seeing as I havent earned) might be the best time to do that.I paid about 9k for them over the course of about 4 yearshttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729106/advise-needed-shares?post_id=426042446#426042446Just to make things a bit clearer, I just want to know the best way to pay as little tax as possibly on them. And thought that now (seeing as I havent earned) might be the best time to do that.I paid about 9k for them over the course of about 4 yearsFri, 05 Mar 2010 08:10:35 -0600Your request is not very clear, but.Your tax liability is the disposal sum less aquisition and disposal costs. The shares will almost certainly be treated as a capital gain, you have an allowance for this tax year of 10,100. If you have gains over thttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729106/advise-needed-shares?post_id=426042434#426042434Your request is not very clear, but.Your tax liability is the disposal sum less aquisition and disposal costs. The shares will almost certainly be treated as a capital gain, you have an allowance for this tax year of 10,100. If you have gains over tFri, 05 Mar 2010 07:04:42 -0600