ACCOUNTANT'S GUIDE: Taxes on stocks for beginners

[@camela8445Mar]

Taxes on stocks can be quite tricky, especially for beginners. It's important to understand how they work to avoid any surprises come tax season.

[@MONROEJACQ]

Definitely. If you're not careful, taxes can eat into your profits and affect your overall portfolio performance.

[@roseyfischer]

One thing to consider is the difference between short-term and long-term capital gains taxes. Short-term gains, for stocks held less than a year, are taxed at your regular income tax rate, which can be quite high.

[@Annie2229]

It's also worth considering the global economy's impact on taxes. Tax laws and rates can vary widely from country to country, so if you're investing in international stocks, you'll need to understand how taxes work in those jurisdictions as well.

[@Linda.xing-tj2fh]

The problem is that people don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions

[@Bigwilli123]

Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.

[@mbnesbitt]

Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place.❤❤

[@hamzahamza-bz3rf]

People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.

[@amytuttle1621]

Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.

[@nandojuace]

Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian.

[@LolMan-qy9cc]

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

[@katiekilbo]

Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

[@55LoveBugzz]

Bitcoin is on its way to breaking records, getting closer to hitting new high prices, showing that it's gaining more value and could go even higher than we've seen before. This could mean great things for people looking to invest, suggesting now might be a good time to get involved before it jumps even higher. It's an exciting moment that could change the game in general...managed to grow a nest egg of around 2.3Bitcoin to a decent 27Bitcoin....At the heart of this evolution is Linda Wilburn, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment.

[@55LoveBugzz]

Linda Wilburn program is widely available online.

[@55LoveBugzz]

@Lindawilburn

[@redeyesband]

Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.

[@dreamzzz610]

The ordinary hard working person invest in shares and crypto to secure their future and not to rely on state benefits and pensions. It makes no sense to increase tax on profits of individuals when they are merely trying to be self sufficient and not to be a drain on the government.

[@riverbluesky]

Spot on 👍

[@coolco1619]

Absolutely agreed👍

[@harrysahota4072]

The sudden tax reductions on dividend allowances has really crippled stock investing. It used to be 5k a year on dividends. The reduction in allowances just stops people investing into the markets as they are busy transferring current holdings into isa's and sipp's. I had allot of my holdings in wrappers already but can see this really taxing, hardworking people / families with modest savings built up over the years.

[@clyde2598]

Put your stocks in an ISA. There’s no max amount of money you can have it in. The only restriction now is you can only put in £20k of new money per year. There’s around 200 ISA millionaires in the UK according to HMRC.

[@OneAndOnlyMe]

@@clyde2598 The problem is many of us who have become good at investing are generating capital gains in our GIAs but can only move £20k a year into an ISA. The government realized this and that's why they reduced capital gains allowance.

[@ALIHASSAN-iw8wg]

Great video. I want to see more videos on stocks ,shares taxtaion.

[@dazkhan5717]

You have answered many of my questions- in future buy to let content please 🙏

[@SteveRegina-ku5yh]

Your explanations are clear and straight forward. It's always a honor to have you as a mentor. I learn a lot of watching your videos. Can you recommend a reputable trading coach who can guide me through the process effectively?

[@kananrangasamy]

Hi please can you talk about the tax on employee share scheme ( which we pay every month and get a discount shares)

[@Brunty_Vegas]

I do the same and it appears that you are still subject to capital gains if you sell the shares unfortunately.

[@Owaismh54]

Brilliant! Very well communicated. I always go to etf and funds through ISA and Pension account

[@japanluv]

Hi. Can you do a video on taxes when it comes to Forex/ Futures trading as a resident in the UK and best way to go around it legally, please? Thanks.

[@barrywhite5899]

Max your isa , put more in your SIPP. Do my tax returns and have to pay tax on my cash savings , but I put so much in my SIPP that HMRC owe me money.

[@123MondayTuesday]

is money earned from S&P500 taxed as 'interest' or 'capital gains'?

[@TharlesJones-dg4kp]

Greetings from Brazil

[@e.b856]

Thanks Kiran Another one valuable video

[@dazkhan5717]

Amazing video Kiran, congratulations your channel is growing, there aren’t many quality KZbinrs U.K. based, Would greatly appreciate Buy to Let start ups please 🙏

[@seanjohnbig2664]

its best to buy stocks by opening a stock isa account to mitigate any taxes

[@henrychia407]

Great and informative video! Thank you! Got a question... Do we need to report our dividends or capital gains tax on the hmrc portal if we do not exceed the annual threshold? For example, current capital gains threshold is £3k. If we make a gain of £4k for the financial year do we then report it? Thanks

[@davideyres955]

How sure are you that you don’t pay stamp duty on shore purchases under 1000? I e had a tax deduction from trading 212 for a sub £300 purchase. Is the £1000 cumulative? Or per transaction. Also I understand there are realised losses you can include which can modify the tax burden on capital gains.

[@patelparth]

How to loss setting up on profits?

[@davehHH1]

Sorry this may seem a daft question but the 60000 limit on pensions in a tax year... I am assuming this included the employer contributions. So if I had a workplace pension where I contribute 4 percent and they also do 4 percent, it's the total contribution regardless of where it's come from me or my employer? Reason I ask is I also have a SIPP that I am contributing to so I must include all 3 of these things is that correct?

[@ladakh_luyangs]

How are equity Indian (foreign) mutual funds taxed?

[@RajaseelanGaneswaran]

🙏 thank you. Informative

[@rinakaur7245]

How many years can you carry forward the loss? Is that offset against future dividends or your salaried income?

[@jakemines001]

Thank you Kiran

[@donaldlyons17]

Wait why not make sure people use software so all that is taken care for them?

[@cdclashes]

Do you have to pay tax on dividends that are re invested back into the same account?

[@lawrencer25]

❤❤❤Fabulous video ❤❤❤

[@MrVipninja]

So what happens if I gift my shares to my spouse and they sell the shares. Would they have to pay capital gains tax?

[@dazkhan5717]

If I buy US stocks, is CGT applicable?

[@ay8987]

What a beautiful face you have, Kiran ❤

[@Zero-Investing]

If I sold shares in my own personal Ltd company, what types of taxes will I be paying?

[@KiranKaurFinance]

Share disposals are typically subject to Capital Gains Tax. It would be good to seek tax advice for your particular circumstances

[@Zero-Investing]

@KiranKaurFinance not stocks and shares. Selling shares as a shareholder in my own limited UK company. Is it not just corp tax?

[@Skillionaire005]

It all sounds great until you remember you have no money to invest lol, maybe some day in the future... anyway thanks for the vid.

[@EggchaserNZ]

The absolute danger of promoting your last chapter - is that the govt will change their minds and start taxing isas

[@Alvin_pson]

Thanks for the continuous update! Bitcoin is on its way to breaking records, getting closer to hitting new high prices, showing that it's gaining more value and could go even higher than we've seen before. I am super excited about how my crypto investment is going so far, making over $35,700k weekly is an amazing gain..☺

[@Friedafromthewest]

How do you all make that much monthly? I'm 37 and have been looking for ways to be successful, please how??

[@Alvin_pson]

Yeah, since meeting expert Charlotte, I now agree that with an expert managing your portfolio, the rate of profit high, with less risk.

[@Alvin_pson]

I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance

[@Alvin_pson]

She's a licensed broker here in the states.

[@JacobBrown-140]

After i raised upto 125k trading with her, I bought a new house here in the states also paid for my son's surgery (Kelvin) glory to God.