Capital gains: not too taxing

While other tax rules have tightened, the treatment of capital gains remains surprisingly generous, with a personal annual exemption of £11,300 of gains and a 20% maximum rate on virtually everything other than residential property. It’s enough to give you second thoughts about investing for income…

The value of tax reliefs depends on your individual circumstances. Tax laws can change. The Financial Conduct Authority does not regulate tax advice. The value of your investment can go down as well as up and you may not get back the full amount you invested. Past performance is not a reliable indicator of future performance.

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