2017 / 2018 CGT Annual Exemption
Nathan
Member
How!
I recently asked on Twitter if anyone knew the CGT allowance for 2017/2018 having found a RSM Tax Sheet that said it is £11,300.
https://www.rsmuk.com/-/media/files/tax/tax-facts-2017.pdf?la=en
I asked RSM the source, who referred me to the following link:
They have based the calculation on the Sept CPI figure which they told me was 1% which therefore suggests that the new CGT allowance should be £11,211 rounded up to the nearest £100 which is £11,300.
I just thought I would share in case anyone else is prepping for Bed & ISA season.
Nathan
I recently asked on Twitter if anyone knew the CGT allowance for 2017/2018 having found a RSM Tax Sheet that said it is £11,300.
https://www.rsmuk.com/-/media/files/tax/tax-facts-2017.pdf?la=en
I asked RSM the source, who referred me to the following link:
They have based the calculation on the Sept CPI figure which they told me was 1% which therefore suggests that the new CGT allowance should be £11,211 rounded up to the nearest £100 which is £11,300.
I just thought I would share in case anyone else is prepping for Bed & ISA season.
Nathan
Comments
https://www.gov.uk/government/publications/spring-budget-2017-overview-of-tax-legislation-and-rates-ootlar/annex-a-rates-and-allowances