- We look at often-misunderstood CGT rules
- What happens when you top up or trim a position over time?
- You can't always carry forward losses
Most investors are aware that holding assets outside of an individual savings account (Isa) or a pension will eventually result in a capital gains tax (CGT) bill. But working out the exact amount isn't always straightforward.
While physical property is also captured by CGT rules, which govern gains made when assets are sold outside of a tax wrapper, we will be focusing on shares and funds in this article.