Capital Gains Tax Calculator United Kingdom
Capital Gains Tax Calculator United Kingdom: a planned Super Calculator tool. Stub page: the tool, its formula and a worked example are not published yet.
Capital Gains Tax Calculator United Kingdom is a planned calculator in the tax section of Super Calculator, covering investment tax.
What this calculator will compute
Inputs: disposal proceeds (GBP), acquisition cost (GBP), costs of disposal (GBP), income (GBP), asset type and acquisition history.
Outputs: chargeable gain (GBP), annual exempt amount used (GBP), tax due (GBP) and reporting deadline.
Formula, recorded as scope and not yet verified against a primary source: Gains above the annual exempt amount are taxed at rates that depend on whether the gain, stacked on income, falls in the basic or higher rate band, with residential property taxed at higher rates than other assets. Share disposals must be matched under the same day rule, the 30 day rule and then the Section 104 pool.
Status
This page is a stub. The calculator is not built, no figure on this page has been verified against the authority that sets it, and nothing here should be used to make a decision. The page exists so that the site structure is complete and so that articles can link this concept on first mention.
The stub carries noindex, nofollow and is excluded from the sitemap.