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Vessela

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About Vessela

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  1. Thanks Bandit. That actually does clear things up. As long as EE keep track of it all and include it in my IT3, I’m not fussed.
  2. Hello everyone. I have a question about my TFSA account, forgive the ignorance, I'm still very new to this I bought some stocks on Easy Equities and made a bit of a profit, however I traded in my ZAR account. No big deal, I can sell my shares and transfer the money across to my TFSA. My question is one of taxation: I made money on those sales, is it OK to just transfer the lot into the TFSA? Does my money only get taxed once it comes out of Easy Equities and into my bank account? Do I even need to be worrying about this? Do EE just send you a summary at the end of the year that you file with your tax return? As long as it's something I'm allowed to do, that's fine. PS: one last thing - Do I need to open a tax free savings account with my bank as well, or in the Easy Equities one sufficient? PPS: We're just talking about a few thousand rand here. Does it fall under the annual R40 000 CGT exemption? Cheers
  3. Hi everyone. Some very interesting info here. I’m very new to investing and hence have already made some mistakes. My question is perhaps an obvious one, but bear with me. Like a true beginner, I bought some stocks on Easy Equities, however I transferred my funds into the ZAR account. No big deal, I can sell my shares and transfer the money across to my TFSA. My question is one of taxation: say I made money on those sales, is it OK to just transfer the lot into the TFSA? Does my money only get taxed once it comes out of Easy Equities and into my bank account? I hope I’ve understood this correctly, but it seems to me that I’m allowed to do this. Cheers
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