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Change in CGT rates.
tribetown
Posts: 113
Forumite
I understand that the CGT rates for profits on shares changed in the recent budget.
The 10% and 20% rates increased to 18% and 24%.
I fill in a self assessment each year for self employment and have never had any capital gains before.
Will I be able to use the same online self assessment form the capital gains?
Will the online form allow for profits made between 6th April 2024 and 30th October 2024 at the old rates?
The 10% and 20% rates increased to 18% and 24%.
I fill in a self assessment each year for self employment and have never had any capital gains before.
Will I be able to use the same online self assessment form the capital gains?
Will the online form allow for profits made between 6th April 2024 and 30th October 2024 at the old rates?
0
Comments
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You will have to wait and see what the new form looks like. One imagines that there will be separate boxes for pre and post 30th October sales in the same way as there are separate entries for residential and non-residential property.1
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I see, thank-you.0
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