Capital Gains Tax

Associate
Joined
25 Jan 2006
Posts
342
Hi,

Can anyone let me know what kind of percentages the Capital Gains Tax deducts from any profit?

Example: I buy £10,000 shares which increase to £20,000 I then want to sell to get £10,000 profit.

How much % tax would be given to Gordon on the above 10k profit?


BTW - on higher income tax rate.


CHeers
 
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