If you make a profit or gain when you dispose of an asset, you pay Capital Gains Tax (CGT) on the chargeable gain. The chargeable gain is usually the ...SkipnavigationandgotomaincontentYouarehere:Home>MoneyandTax>Tax>Capitaltaxes>CapitalGainsTaxCapitalGainsTaxIntroductionCapitalgainsthatareexemptRateandpaymentofCapitalGainsTaxHowtofileataxreturnforcapitalgainsFurtherinformationIntroductionYoudisposeofanassetwhenyou:SellitGiveitasagiftExchangeitGetcompensationorinsuranceforitIfyoumakeaprofitorgainwhenyoudisposeofanasset,youpayCapitalGainsTax(CGT)onthechargeablegain.Thechargeablegainisusuallythedifferencebetweenthepriceyoupaidfortheassetandthepriceyoudisposedofitfor.Youcandeductallowableexpensessuchasthecostofacquiringanddisposingoftheasset.Whenyoudisposeofanasset,youmustfileataxreturnforCGTby31Octoberofthefollowingyear.Althoughyoumayfileyourreturnthefollowingyear,youmustpaytheCapitalGainsTaxinthesameyearasyoudisposeoftheasset,unlessthedisposalisinDecember.CapitalgainsthatareexemptTransfersofassetsbetweenspousesandcivilpartnersareexemptfromCapitalGainsTax.TransfersofassetsbetweenspousesandcivilpartnerswhoareseparatedareexemptfromCapitalGainsTaxiftheyaremadeunderaSeparationAgreementoracourtorder.Readmoreabouttaxandseparationordivorce.Thetransferofasitefromparenttochildisexemptifitistobuildthechild'sprincipalprivateresidence.Thelandmustbelessthanoneacreandhaveavalueof€500,000orless.ThereisnoCapitalGainsTaxonassetsthatarepassedondeath.Theassetsaretreatedasifthepersonwhodiedgottheassetsatthesamevaluetheyhaveonthedateofdeath.Ifapersonalrepresentativedisposesoftheassets,theyareresponsibleforanygainsbetweenthedateoftheperson’sdeathandthedateofdisposal.PrincipalPrivateResidenceReliefYoumaybeexemptfromCGTIfyoudisposeofapropertyyouownthatyoulivedinasyouronlyormainresidence.Thisreliefmayalsoapplyifyoudisposeofapropertythatyouprovidedforfreetoawidowedparentorincapacitatedrelativetouseastheirsoleresidence.TherearesomerestrictionstoPrincipalPrivateResidenceRelief,includingthatyouca

The plan, released by the House Ways and Means Committee Monday, sets the top rate for taxing capital gains -- money earned from the sale of ...We'vedetectedunusualactivityfromyourcomputernetworkTocontinue,pleaseclicktheboxbelowtoletusknowyou'renotarobot.Whydidthishappen?PleasemakesureyourbrowsersupportsJavaScriptandcookiesandthatyouarenotblockingthemfromloading.FormoreinformationyoucanreviewourTermsofServiceandCookiePolicy.NeedHelp?ForinquiriesrelatedtothismessagepleasecontactoursupportteamandprovidethereferenceIDbelow.BlockreferenceID:

The top federal rate would be 25% on long-term capital gains, which is an increase from the existing 20%. (Long-term capital gains are incurred ...SkipNavigationMarketsPre-MarketsU.S.MarketsEuropeMarketsChinaMarketsAsiaMarketsWorldMarketsCurrenciesCryptocurrencyFutures&CommoditiesBondsFunds&ETFsBusinessEconomyFinanceHealth&ScienceMediaRealEstateEnergyClimateTransportationIndustrialsRetailWealthLifeSmallBusinessInvestingInvestInYouPersonalFinanceFintechFinancialAdvisorsTradingNationOptionsActionETFStreetBuffettArchiveEarningsTraderTalkTechCybersecurityEnterpriseInternetMediaMobileSocialMediaCNBCDisruptor50TechGuidePoliticsWhiteHousePolicyDefenseCongressEquityandOpportunityEuropePoliticsChinaPoliticsAsiaPoliticsWorldPoliticsCNBCTVLiveAudioLatestVideoTopVideoCEOInterviewsEuropeTVAsiaTVCNBCPodcastsDigitalOriginalsWatchlistPROProNewsProLiveSubscribeSignInMenuKeyPointsHouseDemocratsproposedatopfederalrateof25%onlong-termcapitalgains,accordingtolegislationissuedMondaybytheHouseWaysandMeansCommittee.Thetopratewouldbe28.8%whencombinedwitha3.8%surtaxonnetinvestmentincome.ThenewratewouldapplytogainsrealizedafterSep.13.In2022,itwouldkickinforsinglefilerswithtaxableincomeover$400,000andformarriedcouplesat$450,000,accordingtoaCommitteeaide.Rep.RichardNeal,D-MA,chairmanoftheHouseWaysandMeansCommittee,andRep.KevinBrady,R-TX,therankingmember,duringaCommitteehearingonMay24,2017inWashington.DrewAngerer|GettyImagesNews|GettyImagesHouseDemocratsonMondayproposedraisingthetoptaxrateoncapitalgainsandqualifieddividendsto28.8%,oneofseveraltaxreformsaimedatwealthyAmericanstohelpfunda$3.5trillionbudgetplan.Thetopfederalratewouldbe25%onlong-termcapitalgains,whichisanincreasefromtheexisting20%.(Long-termcapitalgainsareincurredonappreciatedassetssoldaftermorethanoneyearofownership.)Addedtoanexisting3.8%surtaxonnetinvestmentincomeandthetotaltaxbitewouldbe28.8%.ThenewratewouldapplytostockandotherassetsalesthatoccurafterSept.13,2021,thedateHouseDemocratsintroducedthetaxportionsoftheirlegislation.Mor

Success!Yourmessagehasbeensent.×Error!Yourmessagewasnotsent.Pleasetryagain.×CWChrisWooleyWWTSOperationsDirectorPleasecontactforgeneralWWTSinquiriesandwebsitesupport.NameEmailSubjectMessageBysubmittingyouremailaddress,youacknowledgethatyouhavereadthePrivacyStatementandthatyouconsenttoourprocessingdatainaccordancewiththePrivacyStatement.CancelSendCorporateincometax(CIT)ratesCorporateincometax(CIT)duedatesPersonalincometax(PIT)ratesPersonalincometax(PIT)duedatesValue-addedtax(VAT)ratesWithholdingtax(WHT)ratesCapitalgainstax(CGT)ratesNetwealth/worthtaxratesInheritanceandgifttaxratesCompareterritoriesQuickChartsHeadlineratesforWWTSterritoriesTheheadlineCGTratesaregenerallythehigheststatutoryrates.Thistableprovidesanoverviewonly. Seetheterritorysummariesformoredetailedinformation.ListViewMapViewABCDEFGHIJKLMNOPQRSTUVZFilterterritoriesTerritoryHeadlinecorporatecapitalgainstaxrate(%)Headlineindividualcapitalgainstaxrate(%)Albania(Lastreviewed29June2021)1515Algeria(Lastreviewed08June2021)CapitalgainsaresubjecttothenormalCITrate.Resident:15;Non-residents:20Angola(Lastreviewed24June2021)Capitalgainsarisingfromthedisposaloffinancialinstruments:10%Generally,theInvestmentIncomeTaxforcapitalgainsis10%.Argentina(Lastreviewed18August2021)CapitalgainsaresubjecttothenormalCITrate.15Armenia(Lastreviewed29June2021)CapitalgainsaresubjecttothenormalCITrate.10or20(dependingonthetypeofpropertyandwhethersoldtoataxagentorindividual)Australia(Lastreviewed30June2021)CapitalgainsaresubjecttothenormalCITrate.CapitalgainsaresubjecttothenormalPITrate.Austria(Lastreviewed15June2021)CapitalgainsaresubjecttothenormalCITrate.27.5Azerbaijan(Lastreviewed18August2021)Capitalgainsaresubjecttothenormalprofittaxrate.25Bahrain(Lastreviewed25July2021)NANABarbados(Lastreviewed05August2021)NANABelarus(Lastreviewed30May2021)Resident:18;Non-resident:12CapitalgainsaresubjecttothenormalPITrate.Belgium(Lastreviewed15July2021)CapitalgainsaresubjecttothenormalCITrate(exceptcapitalgainsonsharesundercertainconditions).In

Capital gains tax (CGT) is the tax you pay on profits from selling assets, such as property. You report capital gains and capital losses in ...Home>IndividualsShowdownloadpdfcontrolsShowprintcontrolsToggleListdropdownbuttonCapitalgainstaxListofCGTassetsandexemptionsAcquiringCGTassetsCGTeventsInvoluntarydisposalofaCGTassetApplyingforanextensiononacapitalgainrolloverCGTdiscountCalculatingyourCGTCapitalproceedsfromdisposingofassetsCostbaseofassetsCostbaseadjustmentsforcapitalworksIndexingthecostbaseUsingcapitallossestoreducecapitalgainsPropertyandcapitalgainstaxKeepingrecordsforpropertyYourmainresidence(home)MovingtoanewmainresidenceTreatingformerhomeasmainresidenceWhendoesapropertystopbeingyourmainresidence?LivingseparatelytoyourspouseorchildrenUsingyourhomeforrentalorbusinessBuildingorrenovatingyourhomeDestructionofyourhomeCompulsoryacquisitionofyourhomeHomeonmorethan2hectaresGrannyflatarrangementsandCGTCGTwhensellingyourrentalpropertyCGTdiscountforaffordablehousingTransferringpropertytofamilyorfriendsSubdividingandcombininglandPropertyimprovementsandadditionsSharesandsimilarinvestmentsWhenCGTappliestosharesandunitsKeepingrecordsofsharesandunitsShareinvestingversussharetradingWhenyoucanclaimlossesonsharesandunitsSharebuy-backsDividendreinvestmentplansDemergersCGTrolloverforshareholdersandunitholdersInheritedassetsandcapitalgainstaxCostbaseofinheritedassetsInheritedpropertyandCGTCalculatingapartialexemptionforinheritedpropertyCo-ownershipandrightofsurvivorshipExtensionstothe2-yearownershipperiodForeignresidentsandcapitalgainstaxHowchangingresidencyaffectsCGTCGTdiscountforforeignresidentsTaxableAustralianpropertyMainresidenceexemptionforforeignresidentsRelationshipbreakdownandcapitalgainstaxWhentherelationshipbreakdownrolloverappliesCalculatingCGTonarolloverassetMainresidenceexemptioninrelationshipbreakdownMarketvaluationofassetsIndetailMarketvaluationfortaxpurposesForeignresidentcapitalgainswithholdingCapitalgainswithholding-ImpactsonforeignandAustralianresidentsCapit

Capital Gains Tax is a tax on the profit when you sell (or 'dispose of') something (an 'asset') that's increased in value. It's the gain you make that's ...CookiesonGOV.UKWeusesomeessentialcookiestomakethiswebsitework.We’dliketosetadditionalcookiestounderstandhowyouuseGOV.UK,rememberyoursettingsandimprovegovernmentservices.Wealsousecookiessetbyothersitestohelpusdelivercontentfromtheirservices.AcceptadditionalcookiesRejectadditionalcookiesViewcookiesYoucanchangeyourcookiesettingsatanytime.HidethismessageSkiptomaincontentCoronavirus(COVID-19)GuidanceandsupportHomeMoneyandtaxCapitalGainsTaxCapitalGainsTaxSkiptocontentsofguideContentsOverviewWhatyoupayitonCapitalGainsTaxallowancesGiftstoyourspouseorcharityWorkoutifyouneedtopayReportandpayCapitalGainsTaxCapitalGainsTaxratesIfyoumakealossRecordkeepingMarketvalueOverviewCapitalGainsTaxisataxontheprofitwhenyousell(or‘disposeof’)something(an‘asset’)that’sincreasedinvalue.It’sthegainyoumakethat’staxed,nottheamountofmoneyyoureceive.ExampleYouboughtapaintingfor£5,000andsolditlaterfor£25,000.Thismeansyoumadeagainof£20,000(£25,000minus£5,000).Someassetsaretax-free.YoualsodonothavetopayCapitalGainsTaxifallyourgainsinayearareunderyourtax-freeallowance.DisposingofanassetDisposingofanassetincludes:sellingitgivingitawayasagift,ortransferringittosomeoneelseswappingitforsomethingelsegettingcompensationforit-likeaninsurancepayoutifit’sbeenlostordestroyedNext:WhatyoupayitonPrintentireguideRelatedcontentGethelpwithtaxTaxwhenyousellpropertyTaxwhenyousellsharesCapitalGainsTaxforbusinessCapitalGainsTaxonpersonalpossessions+2moreTaxwhenyousellyourhomeandTellHMRCaboutCapitalGainsTaxonUKpropertyorlandifyou’renon-residentBrexitCheckwhatyouneedtodoExplorethetopicCapitalGainsTaxIsthispageuseful?MaybeYesthispageisusefulNothispageisnotusefulThankyouforyourfeedbackReportaproblemwiththispageCloseHelpusimproveGOV.UKDon’tincludepersonalorfinancialinformationlikeyourNationalInsurancenumberorcreditcarddetails.Whatwereyoudoing?Whatwentwrong?SendCloseHelpusi

Taiwan does not impose a separate capital gains tax (CGT), as all gains, unless specifically exempted by law, or as otherwise regulated, are assessed as ...Success!Yourmessagehasbeensent.×Error!Yourmessagewasnotsent.Pleasetryagain.×CWChrisWooleyWWTSOperationsDirectorPleasecontactforgeneralWWTSinquiriesandwebsitesupport.NameEmailSubjectMessageBysubmittingyouremailaddress,youacknowledgethatyouhavereadthePrivacyStatementandthatyouconsenttoourprocessingdatainaccordancewiththePrivacyStatement.CancelSendTerritoryAlbaniaAlgeriaAngolaArgentinaArmeniaAustraliaAustriaAzerbaijanBahrainBarbadosBelarusBelgiumBermudaBoliviaBosniaandHerzegovinaBotswanaBrazilBulgariaCaboVerdeCambodiaCameroon,RepublicofCanadaCaymanIslandsChadChileChina,People'sRepublicofColombiaCongo,DemocraticRepublicoftheCongo,RepublicofCostaRicaCroatiaCyprusCzechRepublicDenmarkDominicanRepublicEcuadorEgyptElSalvadorEquatorialGuineaEstoniaEswatiniFijiFinlandFranceGabonGeorgiaGermanyGhanaGibraltarGreeceGreenlandGuatemalaGuernsey,ChannelIslandsGuyanaHondurasHongKongSARHungaryIcelandIndiaIndonesiaIraqIrelandIsleofManIsraelItalyIvoryCoast(Côted'Ivoire)JamaicaJapanJersey,ChannelIslandsJordanKazakhstanKenyaKorea,RepublicofKosovoKuwaitKyrgyzstanLaoPDRLatviaLebanonLibyaLiechtensteinLithuaniaLuxembourgMacauSARMadagascarMalawiMalaysiaMaldives,RepublicofMaltaMauritaniaMauritiusMexicoMoldovaMongoliaMontenegroMoroccoMozambiqueMyanmarNamibia,RepublicofNetherlandsNewZealandNicaraguaNigeriaNorthMacedoniaNorwayOmanPakistanPalestinianterritoriesPanamaPapuaNewGuineaParaguayPeruPhilippinesPolandPortugalPuertoRicoQatarRomaniaRussianFederationRwandaSaintLuciaSaudiArabiaSenegalSerbiaSingaporeSlovakRepublicSloveniaSouthAfricaSpainSriLankaSwedenSwitzerlandTaiwanTajikistanTanzaniaThailandTimor-LesteTrinidadandTobagoTunisiaTurkeyTurkmenistanUgandaUkraineUnitedArabEmiratesUnitedKingdomUnitedStatesUruguayUzbekistan,RepublicofVenezuelaVietnamZambiaZimbabweOverviewCorporateSignificantdevelopmentsTaxesoncorporateincomeCorporateresidenceOthertaxe

Long-term capital gains tax is a tax on profits from the sale of an asset held for more than a year. The long-term capital gains tax rate is 0%, ...Manyoralloftheproductsfeaturedherearefromourpartnerswhocompensateus.Thismayinfluencewhichproductswewriteaboutandwhereandhowtheproductappearsonapage.However,thisdoesnotinfluenceourevaluations.Ouropinionsareourown.Hereisalistofourpartnersandhere'showwemakemoney.Capitalgainsaretheprofitsfromthesaleofanasset—sharesofstock,apieceofland,abusiness—andgenerallyareconsideredtaxableincome.Howmuchthesegainsaretaxeddependsalotonhowlongyouheldtheassetbeforeselling.In2020thecapitalgainstaxratesareeither0%,15%or20%formostassetsheldformorethanayear.Capitalgainstaxratesonmostassetsheldforlessthanayear correspond toordinaryincometaxbrackets(10%,12%,22%,24%,32%,35%or37%).Whatisshort-termcapitalgainstax?Short-termcapitalgainstax isataxonprofitsfromthesaleofanassetheldforoneyearorless.Theshort-termcapitalgainstax rateequalsyourordinaryincometaxrate—yourtaxbracket.(Notsurewhattaxbracketyou’rein?Reviewthisrundownon federaltaxbrackets.)Whatislong-termcapitalgainstax?Long-termcapitalgainstax isataxon profitsfromthesaleofanassetheldformorethanayear.Thelong-termcapitalgainstaxrateis0%,15%or20%dependingonyourtaxableincomeandfilingstatus.Theyaregenerallylowerthanshort-termcapitalgainstaxrates.Capitalgainstaxrulescanbedifferentforhomesales.Learnmorehere.2020capitalgainstaxratesExpandthefilingstatusthatappliestoyou.SinglefilersLong-termcapitalgainstaxrateYourincome0%$0to$40,00015%$40,001to$441,45020%$441,451ormoreShort-termcapitalgainsaretaxedasordinaryincomeaccordingtofederalincometaxbrackets.Married,filingjointlyLong-termcapitalgainstaxrateYourincome0%$0to$80,00015%$80,001to$496,60020%$496,601ormoreShort-termcapitalgainsaretaxedasordinaryincomeaccordingtofederalincometaxbrackets.HeadofHouseholdLong-termcapitalgainstaxrateYourincome0%$0to$53,60015%$53,601to$469,05020%$469,051ormoreShort-termcapitalgainsaretaxedasordinaryincomeaccordingtofederalincome

You pay a capital gains tax on the profits of an investment that is held for more than one year. (If it's held for less time, the profit is taxed as ordinary ...LinkedInwithBackgroundYourPrivacyRightsInvestopediaandourthird-partypartnersusecookiesandprocesspersonaldatalikeuniqueidentifiersbasedonyourconsenttostoreand/oraccessinformationonadevice,displaypersonalizedadsandforcontentmeasurement,audienceinsight,andproductdevelopment.TochangeorwithdrawyourconsentchoicesforInvestopedia.com,includingyourrighttoobjectwherelegitimateinterestisused,clickbelow.Atanytime,youcanupdateyoursettingsthroughthe"EUPrivacy"linkatthebottomofanypage.Thesechoiceswillbesignaledgloballytoourpartnersandwillnotaffectbrowsingdata.ListofPartners(vendors)Weandourpartnersprocessdatato:Activelyscandevicecharacteristicsforidentification.Useprecisegeolocationdata.Storeand/oraccessinformationonadevice.Selectpersonalisedcontent.Createapersonalisedcontentprofile.Measureadperformance.Selectbasicads.Createapersonalisedadsprofile.Selectpersonalisedads.Applymarketresearchtogenerateaudienceinsights.Measurecontentperformance.Developandimproveproducts.ListofPartners(vendors)IAcceptShowPurposesTaxesFederalTaxFormsTax-EfficientInvesting:ABeginner'sGuideFederalIncomeTaxGuideIncomeTaxCharitableDonationsTaxDeductions/CreditsTaxLaws&RegulationsPropertyTaxTaxesTaxLaws&RegulationsTableofContentsExpandWhatIstheCapitalGainsTax?UnderstandingtheCapitalGainsTaxCapitalGainsTaxRates2021ExceptionsComputingYourCapitalGainsCapitalGainsTaxStrategiesWhatIstheCapitalGainsTax?Thecapitalgainstaxisalevyontheprofitfromaninvestmentthatisincurredwhentheinvestmentissold.Whenstocksharesoranyothertaxableassetsaresold,thecapitalgains,orprofits,arereferredtoashavingbeen"realized."Thetaxdoesn'tapplytounsoldinvestmentsor"unrealizedcapitalgains,"sostockshareswillnotincurtaxesuntiltheyaresold,nomatterhowlongthesharesareheldorhowmuchtheyincreaseinvalue.Undercurrentfederaltaxpolicy,thecapitalgainstaxrateappliesonlytoprofitsfromthesaleofassetsheld