What taxes do you pay when owning shares?
The end of financial year is closely approaching and shareholders may be thinking of how to treat their shares in their tax returns. These are the common questions that some shareholders may have. (Remember, this is just a helpful guide to point you in the right direction, and we recommend that you seek advice from your accountant) 1. When do you pay tax on shares? If you have sold shares and made a capital gain, then you will be liable …