Capital Gains Tax Calculator
Enter the details based on one average customer.
The calculator applies to individuals.
It assumes you have not used your annual exemption on any other disposals.
It calculates CGT due ignore any losses brought forward or additional reliefs that may apply to particular disposals such as Entrepreneurs' relief or any form of rollover relief.
CGT is payable at 20% for higher rate tax payers and 10% for basic rate taxpayers.
CGT on residential properties and carried interest is payable at 28% for higher rate tax payers and 18% for basic rate taxpayers.
While the Government is currently paying 80% of workers’ salaries up to £2500 a month for some 8.4 million workers under its furlough scheme, it has made clear that it cannot continue to provide this unprecedented lev...
Running a business can be tricky at the best of times. With so much to do, organise and look over, sometimes it can feel like you are drowning in paperwork and to-do lists. As a small business, growth and expansion are e...
As the saying goes, “nothing’s as certain as death and taxes”. Whilst all of us in working life are guaranteed to be taxed, there are always changes to tax rates, thresholds and wages that affect businesses and tho...