Tax free share dealing...?

[Crevette]

I am trying to get my head round if I would have a problem investing "outside of" a PEA.

 

I found some info here ;

 

http://209.85.135.104/search?q=cache:BU_tR4OTQ_sJ:www.lerevenu.com/ecole_revenu/fiscalite.asp+20000+cessions&hl=fr&ct=clnk&cd=16&gl=fr

 

If I have understood well ;

 

There is a "selling limit" of 20,000 for a year which is tax free.

i) If you are married then the limit is 40,000 (+ 20,000 for each kid).

ii) On this amount you don't pay any taxes - either social or other tax..?

 

If you exceed this then ouch! 16% on the gaim and 11 cotisation social = 26%

 

I would imigine it can't be too hard to work out - say you are married and buy 20000 of shares, and they go up to 46000. In year 1 you sell 38000 (allowing for share handling costs, etc)  of your shares and you are OK.

Year 2 you can sell the rest...

 

Have I understood well?

 

Can I do the same but inside a PEA?

 

All thoughts welcomed.

 

-Rob-

[caramac]

[quote user="Crevette"]

 

 buy 20000 of shares, and they go up to 46000.

 

[/quote]

Damn!   That's where I went wrong....

[Crevette]

"buy 20000 of shares, and they go up to 46000."

ILLUSTRATIVE EXAMPLE ONLY!

-Rob-

[allanb]

[quote user="Crevette"]

If I have understood well ;

 

There is a "selling limit" of 20,000 for a year which is tax free.

i) If you are married then the limit is 40,000 (+ 20,000 for each kid).

[/quote]No, unfortunately, it's €20,000 in total for the household (the foyer fiscal). 

I don't know what happens with a PEA.