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  • RE: Capital Gains and Income tax personal allowance

    Hi I would really appreciate someone clarify both CGtax and income tax. As someone said above they two separate things, but how do you count them. I earn 45k in my job so on lower tax band plus I invest in crypto. I want to sell my crypto and will have capital gain over 150k . How much % tax on CG I am about to pay? Do I add 45 to 150 and pay tax from total ,so lower tax up to 50k and then higher one( meaning only 5k of my CG will be tax on lower rate) or these are counted separately: -Lower tax band at income - first 50k of my CG lower tax and rarest higher rate? Can someone please help