5 things you may not know about tax on shares
As tax time is quickly approaching, below are some tax topics that may not be obvious to share investors/trader. Do I pay tax if I inherited shares? You only need to pay capital gains tax on shares if the inherited shares have been sold. If the deceased brought the shares before 20 September 1985 then the cost base is the market value of the asset on the day the person died. If the deceased brought the shares after 20 September …