Hi all,
Does anyone know is there a reinvestment period allowed whereby tax payment/declaration is not required?
As example,
If for example my 10k invested in an ETF has now grown to 11k and i sell in week 1, am i entitled in week 3 to reinvest my 11k or am i subject to 41% tax on the earnings?
In summary, am i tax exempt for any period of time to allow for reinvestment of total earnings.
All help and feedback appreciated.
Does anyone know is there a reinvestment period allowed whereby tax payment/declaration is not required?
As example,
If for example my 10k invested in an ETF has now grown to 11k and i sell in week 1, am i entitled in week 3 to reinvest my 11k or am i subject to 41% tax on the earnings?
In summary, am i tax exempt for any period of time to allow for reinvestment of total earnings.
All help and feedback appreciated.