Jimmy2times9999
Registered User
- Messages
- 27
Hi,
Newbie to posting, Lurker for years.
Tax question on monthly ETF purchases, that I can't find an exact answer to.
I want to accumulate ETF purchases monthly, and sell after 7 years, so before the deemed disposal 8 year rule kicks in.
How will the tax be calculated?
Is it 41% exit tax on the total profit in the 7 years?
Or
A separate calculation for each month (84 calculations (7*12))?
Newbie to posting, Lurker for years.
Tax question on monthly ETF purchases, that I can't find an exact answer to.
I want to accumulate ETF purchases monthly, and sell after 7 years, so before the deemed disposal 8 year rule kicks in.
How will the tax be calculated?
Is it 41% exit tax on the total profit in the 7 years?
Or
A separate calculation for each month (84 calculations (7*12))?