Willow73
Joined: 8/14/2024
-
Capital Gains Tax and PhD Stipend
I have a tax-free PhD stipend which is greater than the personal allowance and I get about £900 a month from rent in a property where I am not resident. I have no other forms of income. How much capital gains tax do I have to pay? If the stipend was not tax-free I would pay according to basic rate taxpayer rules, but it is tax-free so what rules do I follow to figure out how much I owe?