If you make a gain after selling a property, you'll pay 18% capital gains tax (CGT) as a basic-rate taxpayer, or 24% if you pay a higher rate of tax. Gains from selling other assets are charged at 10% ...
Following a series of cuts to capital gains tax allowance in recent years, the tax has become even more expensive since Labour’s Autumn Budget raised the rates paid on the sale of shares. The tax-free ...
The Capital Gains Tax allowance will halve again in April, but there are several "savvy" ways people can protect their wealth. Following last year’s reduction in allowances, Capital Gains Tax receipts ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. The first-year allowance is a UK tax allowance permitting British corporations to deduct ...