Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Do DRO shares qualify for any UK tax reliefs?

dro qualify reliefs Shares tax UK
0
Posted

Do DRO shares qualify for any UK tax reliefs?

0

As a trading company, DRO will qualify for the purposes of UK Business Asset Taper Relief. This means that a UK higher rate tax payer who holds shares in DRO for at least two years will only pay tax at 10% on any capital gain made on the shares. However there can be no assurance that DRO will or will continue to qualify if this way. You should take your own tax advice, as the availability of any relief will depend on your particular circumstances. Further information can be obtained from the Inland Revenue website.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123