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Posted Tue, 23 Jan 2024 14:26:30 GMT by
Good afternoon, In a year that I claim the remittance basis, what tax rate is used when I remit the sale of shares (not a mixed account). For example: Remit 10,000 from the sale of shares that include a total capital gain of 1,000 Am I correct to assume that I will pay only 10% capital gain tax on 1,000? I am confused by a lot of references that mentions income and gains but then only refer to the 20% and 40% income tax rates.
Posted Fri, 26 Jan 2024 11:21:29 GMT by HMRC Admin 25
Hi Peter,
Please refer to guidance here:
Paying tax on the remittance basis (Self Assessment helpsheet HS264)
Thank you. 


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