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Capital Gains Tax question.

What is the rate of tax you pay?

I have googled CGT and I can't find the rate you pay after your allowance, which I believe is £9200 pa.

Thanks
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Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    ccgt allowance is 9,200

    the total due for tax is added to your income and you are taxed at 10,20 or 40% depending upon which band it falls into

    It changes after 6th april to a flat 18%
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