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Posted Thu, 06 Jun 2024 15:28:24 GMT by MVG123
Are any gains on Excluded Indexed Securities taxed at 10% and 20% - not property related and not a fund manager. Purchased a product that called 3 years later and have made a gain that CGT is due on. Thank you
Posted Fri, 07 Jun 2024 16:43:40 GMT by HMRC Admin 20 Response
Hi,
The capital gains tax rates for residential property (UK and foreign) is the lower rate 18% and the upper rate 24%.  
All other form of capital gains, from the likes of the disposal of shares, artwork, antiques including furniture, collections of items (such as a chess set) and so on,
are taxable using the lower rate of 10% and the upper rate of 20%.  
Any gains of this nature, must be reported using the realtime capital gains tax service, by 31 December after the tax year has ended.  
Where this does not happen, then a self assessment tax return is required in all cases.  
(Report and pay your Capital Gains Tax). 
Thank you.

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