Money Minder UK

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How to minimise a Capital Gains Tax bill #TipTuesday

In Brief: How to minimise a Capital Gains Tax bill #TipTuesday

Tuesday, 28 September 2021

What is Capital Gains Tax?
Capital Gains Tax (CGT) is a tax payable on the profits (or ‘capital gains’) you make from selling certain assets. These assets include some property, items of value such as art, jewellery, or collectables, company shares or other investments, and businesses or business assets.

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Please be aware these articles are for general information purposes only and correct at time of printing. We will not accept responsibility for any errors made or actions taken by any readers that have acted on the information contained. Answers given are for guidance only and specific advice should be taken before acting on any of the suggestions made. All information is based on our understanding of current tax practices, which are subject to change. Always remember when investing, past performance is not necessarily a guide to future performance and the value of some investment units can fall as well as rise.