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Capital gains tax explained

  • What you can sell or give away tax-free
  • How to work out your capital gains tax bill
  • Tax treatment of employee shares
  • Capital gains tax when you pass on your home

What's in this guide

Capital gains tax allowances and rates

Find out what capital gains tax is and when it's payable Contains video

How capital gains are taxed

Four key steps to working out what capital gains tax you need to pay

Capital gains tax and possessions

Not all gains you make from the sale of possessions attract CGT, some are tax-free

Capital gains tax and property

Gains you make on your main home are normally tax-free

Capital gains tax on shares

There are special rules concerning CGT and gains made from the sale of shares

Capital gains tax if you own a business

If you are selling a business you might qualify for entrepreneurs' allowance

Capital gains tax tips

Essential points to remember about capital gains tax (CGT)

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