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CGT calculation
GlasgowExpat2
Posts: 312
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
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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
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