TagCapital Gains Tax

A Comprehensive Guide to Capital Gains Tax in the UK

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Capital Gains Tax (CGT) is a tax applied to the profit made when selling or disposing of certain assets that have increased in value. Unlike income tax, CGT is only payable on the gain itself, not the total amount received.  Whether you are an investor, business owner, or someone selling valuable possessions, understanding how CGT works is essential to managing your finances effectively...