Hi all,
I'm aware of the 1,270euro gains amount an individual can profit/bank each year before they pay CGT. My question is around what figure do I calculate against.
I work for a US Tech company, and have a small enough amount in shares (I designate 5% of my monthly to ESPP). I get a 15% discount on the market price.
Let's say the stock is $150 per share. So when the company makes a purchase in a few weeks on my behalf, I will get it for circa $127.5.
Assuming I want to sell a batch of them before the end of the year, what's the optimum amount of them I should sell?
And what price am I basing the CGT calc on? My discounted price, or the market price on the given day?
I'm aware of the 1,270euro gains amount an individual can profit/bank each year before they pay CGT. My question is around what figure do I calculate against.
I work for a US Tech company, and have a small enough amount in shares (I designate 5% of my monthly to ESPP). I get a 15% discount on the market price.
Let's say the stock is $150 per share. So when the company makes a purchase in a few weeks on my behalf, I will get it for circa $127.5.
Assuming I want to sell a batch of them before the end of the year, what's the optimum amount of them I should sell?
And what price am I basing the CGT calc on? My discounted price, or the market price on the given day?