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RRL Range Resources Limited

0.035
0.00 (0.00%)
18 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Range Resources Limited LSE:RRL London Ordinary Share AU0000065989 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.035 0.03 0.04 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Range Resources Share Discussion Threads

Showing 11101 to 11121 of 86375 messages
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DateSubjectAuthorDiscuss
13/5/2010
07:49
Re trading v investing:
fairdeal2008
13/5/2010
07:39
Hardassets57,

I did not get the info from my accountant who is good. Just the IR and NI people. I will check with my accountant if need be. I have other contract work coming up hopefully overseas so for now its not urgent. I would rather pay income tax on my earnings overseas, pay NI on that basis which is not much and pay CGT on trading which I do not do that often these days.

GD

greatfull dead
13/5/2010
07:30
The general consensus copied from elsewhereis: Headline shares are tipped to open twenty-three to twenty-eight points higher, according to financial websites, taking a lead from a strong showing in New York and gains across Asian bourses.

An extra plus might be the old 'business secretary' has moved to spin his web elsewhere.

hawks11
13/5/2010
07:21
Thank goodness we did not have another good RNS today....so no good news, perhaps we may get a share price increase today although down in OZ again
sagem
13/5/2010
00:48
GD - completely correct. I traded as such for 7 years and speak from personal experience, with confirmation from Inland Revenue.

Possible caveat, being classed as Self employed and treated as a sophisticated investor?

also having a half decent accountant to represent your case helps as well.

If this is your occupation, then you are clearly entitled to have it treated as such and taxed under income tax rules.

hardassets57
13/5/2010
00:08
Good Moneing
Can anyone tell me ifis h the Report is Due ?
N will I B able 2 Put this ina isa
I superpose so
Coss it's gone down under
understandably
not disappointed
Potts

Ps, the rocket report Did he find it ?
Seem 2 have missed it
Musta Ducked
Has anyone seen a pipe ?
Or have a Pet ?
Eels are wriggly
11.33

Pps a Year is a long time 2 B worrying about something that may not
Transpire in a way 2 make U Perspire.
More than usual.
Poots.

pottingon
12/5/2010
23:48
Hardassets57, not correct. If you only trade on your own behalf or if you have a partner on both your behalfs, it is not classed as an occupation. Check it it with IR and the NI contribution people. I tried it as being self employed trader and was knocked back..
greatfull dead
12/5/2010
23:44
ISA + Spreadbets

No need for CGT

tokolosh
12/5/2010
23:32
well if trading is your only source of income, then it will be classed as your occupation and therefore fall under income tax rules, not to be declared as CGT...
hardassets57
12/5/2010
23:14
if we have to pay 40% cgt when we win, then if we lose why dont the government pay us 40% of our losses:-) typical eh, if we lose tuff but if you win we want 40% of it, money from the poor to the rich. oh and lets face it we have already been taxed on the money we gamble with!!!!
fatfish
12/5/2010
23:09
Best thing to do is hide it all every year, when you get caught tell then you spent it all on drugs and drink and just do six months community service lol! Only 2000 places left in british prison system, they wont bang alcoholic druggy share dealer up!
california joe
12/5/2010
23:04
nearly - I'd disagree with you on several points.
the overall risk in investing is the likely loss v the likely gain. if cgt rises then the latter is reduced so the risk increases. Suspect most 'win some lose some', o/a profit the difference between the two.

my only income is from my investing, why should I pay 40% on anything above the tax-free allowance when peops in work pay lower graduated rates?

Our lifestyle is different to most & we use many services less than others - by choice. I have always been careful with the use of resources & respected the environment, many of the measures now being suggested by the johnny-come-lately's are natural to me - just the way I was brought up when things were more austere & peops more easily satisfied with their lot & did things for themselves (as a result this so-called crunch has been a boon in certain ways) - yet I still have to pay eg council tax etc at the same rates as someone that is wasteful & thoughtless..
Peops attitudes need to change, return to responsibility, then DC could save more than his £6b so easily - some of even HMG waste is unbloodybelieveable.
I pay as little tax as possible partly 'cos it encourages those in authority to waste it.
The more personal choice of where my money goes the better for me

if rrl would go up we could even have butter again...........

gurp
12/5/2010
21:00
Well i have filtered mingle3. I hope most follow me in that decision.
hawks11
12/5/2010
20:12
Nearly, i agree somewhat however is it a case of i worked and contributed to the ecomony and its failings or its successes all my life and having done that am i not entitled to spend the money i put aside whether thats at a risk or at a profit, to pay further into the success or failings of the present economy..Will the goverment pay 40% CGT on the money they make from RBS etc (Doubt we will ever find out)..It is right that whilst some work hard, pay taxes and put money aside in pensions or investments to tax them further whilst peeps that didnt collect a state pension for not contributing?? My view is no it isnt..If you work hard and pay what you owe during your working life then on retirement you should pay no tax (Other than council blah blah)no matter what you do..We didnt cause this mess..messers brown, thatcher and the city bankers caused it..why should i suffer for putting money aside for my pension years and making sure my kids dont have to burden the stae....

N.b i am not a pensioner and do work...as a lot of them did when they could

bearhug2
12/5/2010
20:05
ps, you are a long term holder now if you have held for more 2 weeks lol.
hulk2004
12/5/2010
20:03
What has damaged the AIM regarding taxation was the abolishing of taper relief 2 years ago, that if you held for more than 2 years only 25% of gain taxable, this encouraged people to invest.
hulk2004
12/5/2010
19:36
I don't want CGT to go up any more than anyone else, but you'd think nobody bought a share in aything until it went to 18% such a short time ago. It will undoubtedly cause a spike in sells of 2nd properties in the coming months, and will probably also lead to more spread betting, but the idea that an investment is "worth the risk" at 18% but "not worth it" at 40% is a bit daft. If you are confident in your decisions, you will still make money. If you aren't and it goes wrong, you won't have any gains liable for tax anyway, so what's the problem, really? If trading is your main/only source of income, you should be paying more tax on it anyway imo.
nearlycertain
12/5/2010
18:46
It was 40% previously.....what you complaining about? 18% was always a give away short term deal
monkey puzzle
12/5/2010
18:44
40% They are having a laugh
bearhug2
12/5/2010
18:43
Does anyone know what cam and clegg are raising the cgt to??
mingle3
12/5/2010
17:21
Sorry but not interested in the intraday movements of share price read last two paras of post you then have an idea where I am.
alistair4444
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