Your total capital gains tax (CGT) owed depends on two main components:
- How much you earn in total
- What type of assets you sell
In your case where capital gains from shares were £20,000.00 and your total annual earnings were £69,000.00:
Capital gains tax calculator
Quickly know how much capital gains tax you owe.
Your total annual income: £69,000.00
Your capital gains income: £20,000.00
How your capital gains tax is calculated
Capital gains tax (CGT) breakdown
You pay no CGT on the first £11,300.00 that you make
You pay £1,740.00 at 20% tax rate on the remaining £8,700.00 of your capital gains
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