Capital gain - part invested in current year

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1 Points Posted on 26 June 2021
Capital gain LTCG - Part invested in current year - balance how handled
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On 26 June 2021 at 10:33 Report
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This discussion clarifies how capital gains tax is handled when only a portion of the proceeds from an asset sale is reinvested. The exemption is limited to the amount actually invested. Importantly, the deadline for making such investments has been extended to 30th September, providing more time to complete your reinvestment.

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CMA
13117 Points Posted on 26 June 2021

If partly invested, then exemption is limited to the amount invested.

By the way, time limit to invest has been extended up to 30th Sep.

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On 26 June 2021 at 14:20
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tax consultant
3306 Points Posted on 26 June 2021
Complete the investment while you have time left
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On 26 June 2021 at 18:11

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