Hi
I'd like to hear opinions on my plan to deal with the deemed disposal on ETFs.
I invested most of my savings in ETFs between 2018 and 2024, with a couple of large lump sum purchases and several smaller ones. The deemed disposal will start in 2026 (with a large chunk of portfolio) followed by smaller amounts every year until 2032. I plan to continue investing my money in ETFs going forward (current age 45) so expect to go through the deemed disposal a few times.
I find the system very confusing so am considering selling at/before 8 years, paying the tax and reinvesting, possibly in different ETFs
I would like to even out the deemed disposal value on an annual basis. What I'm considering is to sell some ETFs each year so that each year I have approximately the same level of income/profit. Deemed disposal wouldn't actually come into effect as the sales would stay just ahead of the 8 year rule.
This seems like a "clean" plan to me but would like other opinions.
I'd like to hear opinions on my plan to deal with the deemed disposal on ETFs.
I invested most of my savings in ETFs between 2018 and 2024, with a couple of large lump sum purchases and several smaller ones. The deemed disposal will start in 2026 (with a large chunk of portfolio) followed by smaller amounts every year until 2032. I plan to continue investing my money in ETFs going forward (current age 45) so expect to go through the deemed disposal a few times.
I find the system very confusing so am considering selling at/before 8 years, paying the tax and reinvesting, possibly in different ETFs
I would like to even out the deemed disposal value on an annual basis. What I'm considering is to sell some ETFs each year so that each year I have approximately the same level of income/profit. Deemed disposal wouldn't actually come into effect as the sales would stay just ahead of the 8 year rule.
This seems like a "clean" plan to me but would like other opinions.