Tuesday, March 15, 2011

Home, Current, gains, Investment, paying, Capital, rate
Current
by sing me a song

Question by KTOWNANDREW:

What is the current rate of paying capital gains on an investment home?



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What is the current rate of paying capital gains on an investment home? I may be selling a rental and need to know how much I will pay in taxes on profit.





Best answer:


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Answer by David H
The first £9,600 of gains in a year are tax free, then it's a flat rate of 18% on the rest..





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