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Posted Thu, 19 Sep 2024 09:44:54 GMT by jerrycan
In 23/24 I had low earnings income making me eligible for the £1000 PSA band but I had a large capital gain on a foreign holiday home disposal which meant I have to pay CGT at the 28% rate on some of that gain. Do I lose some of the PSA or is the applicable band only dependent on earnings income? Thanks
Posted Thu, 26 Sep 2024 14:40:01 GMT by HMRC Admin 25 Response
Hi jerrycan,
The gain is not taken into account when working out your PSA.
Thank you. 

 

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