A person who owns shares of a limited company. If you own the company, you are the sole shareholder.
You’re a shareholder if you own your own private limited company and you’re a company director, you’ve got shares of your employer’s company or you’ve bought shares in public limited companies.
A sole trader isn’t a shareholder, but those in a limited company, hold shares.
If you sell shares for a profit, you’ll have to pay CGT, as long as it’s above the allowance of £12,300/year.
Profits from shares in an ISA are tax-free.
If you make a loss selling shares, you can carry it forward for next year and claim it - reducing CGT for the following year.
Any dividends collected are subject to dividend tax as long as they exceed the allowance of £2,000.
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