Example 1 - Basic
If a sell occurs in the 2008 tax year and later the buy trades are pooled into a section 104 holding. For sales in previous tax years the LIFO rule applies.
You can test out the following example by copying and pasting the trades into the
calculator . The trade format and instructions
can be viewed here
|
B |
01/12/2000 |
BARC |
3000 |
4.82 |
15.00 |
72.3 |
|
B |
02/12/2000 |
BARC |
5000 |
4.825 |
15.00 |
120.62 |
|
B |
03/09/2002 |
VOD |
18000 |
3.04 |
10.00 |
273.60 |
|
B |
15/01/2003 |
BP. |
5000 |
3.75 |
10.00 |
93.75 |
|
B |
24/03/2003 |
BP. |
3000 |
3.82 |
10.00 |
57.30 |
|
S |
14/04/2003 |
BARC |
6000 |
5.52 |
15.00 |
0.00 |
|
S |
23/02/2004 |
VOD |
9000 |
3.62 |
10.00 |
0.00 |
|
S |
24/02/2004 |
VOD |
9000 |
3.625 |
10.00 |
0.00 |
|
S |
15/07/2005 |
BP. |
8000 |
6.28 |
10.00 |
0.00 |
|
B |
22/01/2007 |
BP. |
5000 |
5.50 |
10.00 |
124.20 |
|
B |
22/06/2009 |
BP. |
2000 |
5.02 |
10.00 |
50.20 |
|
S |
24/12/2012 |
BP. |
5000 |
4.336 |
10.00 |
0.00 |
Results
