Ostroff, Fair and Company
*Ostroff, Fair and Company>>>United Kingdom Taxes

What is the capital gains tax threshold?


What is the capital gains tax threshold?

I am not aware of a threshold. If you make a $1 in profit on a capital sale it it taxable.
For 06/07 tax year, the threshold is 拢8,800. If after calculating the gain, applying inedxation and taper relief, the gain exceed this, CGT will be payable.
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