What is the current rate of paying capital gains on an investment home?
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.
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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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Michelle McCarthy - Nuveen Investments
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