If you invest in shares on easy equities and then sell your shares , you then use the proceeds to purchase more shares do you pay tax on these proceeds or do you only pay tax on money that you withdraw out of your easy equities account ?
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Easy equities and Tax
- Thread starter BGTMO
- Start date
As you are operating more in the line of speculation not holding the shares for any long period of time 3+ years. You will trigger a taxable event every sale of shares. You will not pay CGT but tax on the profit or a deduction on the loss.
Buy R10 sell R40 pay tax on the profit of R30. Keeping the money in the EE account means nothing.
Buy R10 sell R40 pay tax on the profit of R30. Keeping the money in the EE account means nothing.