capital gains tax in section 2
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hi
does anyone remember what bands they used for the income tax liabilty and then for the capital gains tax band.
I think Ive done it totally wrong.
i calculated my income tax and it only covered low rate of 10%
so i then used the 10% in my capital gains tax and then 20% and 40%
cant believe how much ive messed up!
does anyone remember what bands they used for the income tax liabilty and then for the capital gains tax band.
I think Ive done it totally wrong.
i calculated my income tax and it only covered low rate of 10%
so i then used the 10% in my capital gains tax and then 20% and 40%
cant believe how much ive messed up!
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Comments
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Re:capital gains tax in section 2
Schedule A income used up the £2020 charged @ 10%. This is what i got anyway. The capital gains were taxed at 20% then 40% for the remainder. Don't know if this is correct though!!!!0 -
Re:capital gains tax in section 2
I had approx 22K cant remember exact figure middle band, and the rest at 40%0