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Stamp Duty Avoidance
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have a look at step 5 on this example if you want to see the mechanics of the calculationI don't believe the calculation is as simple as you or I made it out to be.
More details here: https://www.gov.uk/capital-gains-tax/rates
Based on research for my own situation which I can't say I understand fully. However the website above suggests you add your capital gain (minus allowance) to your income, to find out your taxable band. This addition can push you up into the next tax bracket.
I will be using an accountant to calculate my tax liability.
OP: you should do your own research and/or get professional advice. Good luck.
https://forums.moneysavingexpert.com/showpost.php?p=73621764&postcount=20
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