CGT on shares

Esme Registered Posts: 711 Epic contributor 🐘
Could someone give me a little bit of advise please.

Firstly, what percent is capital gains tax?

If someone was to die and the majority of their money is tied up in shares, how many could be sold in a year before having to pay capital gains tax?

If anyone could provide me with any relevant info on this it would be greatly appreciated as I know nothing about it.

Thank you!


  • Bluewednesday
    Bluewednesday Registered Posts: 1,624 Beyond epic contributor 🧙‍♂️
    This can be quite complicated as you are probably dealing with inheritance tax rather than capital gains tax.

    Is this theoretical? If not you probably need to speak to an accountant who deals with inheritance tax regularly.
  • Esme
    Esme Registered Posts: 711 Epic contributor 🐘
    Yeah, it is a relative of mine. The shares would be sold to be given to family members as an inheritance. I'll see if I can find any accountants who deal with that specifically.

    Thank you.
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