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Ask Your Own Question, Chartered Certified Accountant
Category: Tax
Satisfied Customers: 5115
Experience:  FCCA - over 35 years experience as a qualified accountant (UK based Practitioner)
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Capital Gains Tax. I have a portfolio with Hargreaves Lansdown

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Capital Gains Tax. I have a portfolio with Hargreaves Lansdown & I have exceeded allowance for Capital gains. I have deducted dealing costs but, can I also deduct account management charges from my gains?

Hello and welcome to the site. Thank you for your question.

Management charge is different from dealing costs relating to buying and selling of shares.

I am sorry to say but account management charges are not deductible expense in computing capital gains.

I hope this is helpful and answers your question.

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