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Information about the Personal Injury Discount Rate review 2024.

What Capital Gains Tax (CGT) is, how to work it out, current CGT rates and how to pay.

Overview
Capital Gains Tax is a tax on the profit when you sell (or ‘dispose of’)…
What you pay it on
You pay Capital Gains Tax on the gain when you sell (or ‘dispose of’):…
Capital Gains Tax allowances
You only have to pay Capital Gains Tax on your overall gains above your…
Gifts to your spouse or charity
There are special rules for Capital Gains Tax on gifts or assets you…
Work out if you need to pay
You need to pay Capital Gains Tax when you sell an asset if your total…
Reporting and paying Capital Gains Tax
You do not get a bill for Capital Gains Tax. You must work out if your…
Capital Gains Tax rates
You may pay a different rate of tax on gains from residential property…
If you make a loss
You can report losses on a chargeable asset to HM Revenue and Customs…
Record keeping
You need to collect records to work out your gains and fill in your tax…
Market value
Your gain is usually the difference between what you paid for your asset…

Find out about our Bond Insurance Policy: its benefits, eligibility criteria and how to apply.

Find out about the Bond Support Scheme - how it works, its benefits and how to apply.

Use these rates and thresholds when you operate your payroll or provide expenses and benefits to your employees.

Find out how interest is calculated and applied if you have a Plan 4 student loan, as well as previous interest rates.

How different types of trust income are taxed, what management expenses and reliefs can be deducted, and understanding the tax pool.

Information and guidance on Social Outcomes Partnerships (also known as Social Impact Bonds) and the Life Chances Fund.

Find out about how recent changes announced have an impact on Employment Related Securities and what this means for you.

Use this guidance to find out what information you need to provide and what forms to use for tax claims.

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