Birdwatch Archive

Birdwatch Note Rating

2024-06-14 19:35:02 UTC - HELPFUL

Rated by Participant: B466D325F769761921C9133E8A54D6F8BE53DD7CF28C3C1C2EFBA26B35099F67
Participant Details

Original Note:

Capital Gains Tax (CGT) is a tax on the PROFIT when you sell something that’s increased in value (i.e. it’s the GAIN you make that’s taxed) e.g. Buy a house for £425K, sell for £450K - you would only pay CGT on the £25K if Labour do introduce CGT on property sales. https://www.gov.uk/capital-gains-tax

All Note Details

Original Tweet

All Information

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