Dear all I have few question to ask regarding investing in company shares and how taxation works.
1. For solo purpose, if you borrow to invest (gearing) in major company shares (apple, facebook, netflix etc etc) that are listed in NYSE, NASDAQ and LSE, can you offset re-payment of gearing (capital or interest or both) against profit made in investment ? Investor is a individuall, not wealth management firm.
2. which tax you are liable to - Dividend or CGT ?
3. Can you offset losses you make from investments against present and future tax years ? How many years you can backdate your losses ?
4. If you sell shares and you made profit but funds remains in broker account (eToro and H&L) and you reinvest this funds without making withdrawal from broker platform account? Do you have to declare this profits or losses while funds still remains in broker platform account ?
Thank you in advance.