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capital gains tax
noun
- a tax on the profit made from the sale of an asset CGT
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Example Sentences
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Answer: Any home sale is potentially subject to capital gains taxes.
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How do I document the improvements for the capital gains tax calculation?
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You mentioned that selling these funds can trigger capital gains tax.
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And there will also be an increase to capital gains tax on share sales and a freeze on inheritance tax thresholds.
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He argued he could pay capital gains tax on it at a rate of 10% rather than income tax and national insurance at a top rate of 52%.
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