D Dan Murray Guest 15 Dec 2016 #1 Hopefully, a simple question.... Say I sell shares on the 28th Dec 2016 and the proceeds from the sale hit my account say on the 4th January, 2017 - am I right in presuming that any taxable gain occurred in 2016?
Hopefully, a simple question.... Say I sell shares on the 28th Dec 2016 and the proceeds from the sale hit my account say on the 4th January, 2017 - am I right in presuming that any taxable gain occurred in 2016?
E elacsaplau Registered User Messages 892 15 Dec 2016 #2 Yes - 2016 is correct - it's the contract date that determines.
D Dan Murray Guest 15 Dec 2016 #3 Thanks elacsaplau, I was having a little senior moment earlier and just needed confirmation.