Capital Gains Tax (CGT)

CGT is a tax on capital "gains". If when you sell or give away an asset it has increased in value, you may be taxable on the gain (profit). This doesn`t apply when you sell personal belongings worth £6,000 or less or, in most cases, your main home.

If you have sold, or you are thinking of selling an asset which you think may be liable to CGT, there are a number of questions that you must ask. We have a separate section for each of these - please use the links below :