shares

[mcdonagh]

what is the allowance of share value that can be sold tax free annualy and before what closing date

[Didwot]

You are probably thinking of Capital Gains Tax. The value of the shares that can be sold without paying CGT is such sum as produces a net profit not exceeding the annual allowance, The annual allowance for 2004/5 was �8200 and for 2005/6 is �8500. The tax year ended yesterday.