We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
CGT calculation
GlasgowExpat2
Posts: 264 Forumite
in Cutting tax
I need to calculate the CGT on my BLT property sale.
One of the questions on the HMRC is “How much do you expect your income to be in this tax year?” I salary sacrifice my pension - do I use the gross pay figure or taxable figure? I assume I also add the rent from 6 April to date before the sale?
0
Comments
-
Use the taxable figure from your salary.
Yes, profit from rental income also should be included in this figure.0 -
Thanks. Should I deduct the flat maintenance charges I’ve paid or just declare them on my 2024-25 tax return?El_Torro said:Use the taxable figure from your salary.
Yes, profit from rental income also should be included in this figure.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.7K Banking & Borrowing
- 253.8K Reduce Debt & Boost Income
- 454.6K Spending & Discounts
- 245.8K Work, Benefits & Business
- 601.8K Mortgages, Homes & Bills
- 177.7K Life & Family
- 259.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.9K Discuss & Feedback
- 37.7K Read-Only Boards