Thread: CGT at 18%
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Old 10-15-2007, 05:29 PM
james james is offline
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Join Date: Oct 2007
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Quote:
Originally Posted by JimClark View Post
Does that mean you pay 18% on any gains made over your allowance?
That is the idea. Basically it doesn't matter how long you've held the asset or whether it is for a business or non-business purpose.
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