Capital gains tax

Article Abstract:

Assets such as shares, unit trusts and second properties, which can increase in value, may be taxed through capital gains tax (CGT). Brief descriptions on the rules that apply when one sells or gives away an asset and on reducing any tax liability are presented.

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Capital gains tax

Article Abstract:

Shares or other assets that grow in value, when sold, attract capital gains tax but losses if any should be offset in the same year. Details of how capital gains is calculated and how taper relief can be used to ones advantage are presented.

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Capital gains tax

Article Abstract:

A guide is presented to capital gains tax payable in the UK on the profits of asset disposal. Indexation and taper relief is explained.

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