Kevin Elliott

speaker

823 appearances 2 recordings 1 series first heard Jul 2026 last heard 15 Sep

Kevin Elliott’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 2 in all, peaking in Sep 2026 with 1.

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And the way it works is that so let's say you're purchasing units or we'll call units or fund, right?

A unit of a fund.

It is the units that you per it's FIFO, first in, first out.

That means that the units you purchase first, do you pay tax on those first?

And one way it's really is to log what you buy and sell

an Excel table.

Like there is no magic pill here to say this is the way to do it is simply it's what we purchased in the calendar year.

So let's say we're 2026.

What I purchased in 2018, buy and sell, all the units I bought and sell.

And what essentially was my what would my net gain be for those units today?

If you only had one lump sum investment, straightforward.

that's not what most people can do.

They're contributing on a monthly basis and they're they're moving things around.

This becomes a real headache.

But it but it really is a barrier.

And back to the point about principle was simplicity.

It has to be simple.

And even that is a barrier.

you know, how to calculate disposal.

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