Capital gains tax is a tax on profits from asset sales. Long-term capital gains tax rates are 0%, 15% or 20%. Short-term rates equal ordinary income tax rates.

Profits from investments have come under the microscope of successive governments seeking to raise revenue, and are now more likely to be taxed than in the not so distant past. Dividend and capital ...

Beyond that, and because you sold before the October 2024 Budget, you’ll pay either 10% (basic rate) or 20% (higher rate), ...

A rise in the number of capital gains tax penalties follows significant cuts to tax-free allowances, catching more taxpayers ...

In our weekly series, readers can email any question about their finances, to be answered by our expert, Rosie Hooper. Rosie is a chartered financial planner at Quilter Cheviot and has worked in ...

Savvy real estate investors like Nicole Shirvani are using 1031 exchanges to defer capital gains taxes when selling an ...

Thousands more investors have been swept into the tax system, even as Government revenues from it collapse. New figures reveal the growing burden on smaller savers, while wealthier individuals ...