Peter Ray
Joined: 3/27/2024
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Savings / dividend allowances in calculating CGT basic rate band
Does the basic rate CGT band take account of Personal & Starting Rate savings allowances and Dividend allowance? For example, if in 2023-4 pension income was £12,570 (same as personal allowance), share dividends were £500 (less than £1,000 dividend allowance) and savings interest was £3,000 (less than £6,000 combined personal & starting rate savings allowance) would the remaining basic rate band for CGT still be £37,700? Or would the share dividend and savings interest reduce the CGT basic rate band?