How much CGT does a non-taxpayer pay?

wmb194

HedgehogRulez said:

Surely a non tax payer will pay no tax?

What’s the definition of a, “non-taxpayer”? They might not pay income tax but they will if they owe CGT: they exceed the tax free threshold and don’t have any losses/carried forward losses to offset against the gains.

Dazed_and_C0nfused

wmb194 said:

HedgehogRulez said:

Surely a non tax payer will pay no tax?

What’s the definition of a, “non-taxpayer”? They might not pay income tax but they will if they owe CGT  off they exceed the tax free threshold and don’t have any losses/carried forward losses to offset against the gains.

Agree, in my experience non tax payer refers specifically to income tax.