Birdwatch Archive

Birdwatch Note Rating

2024-06-14 23:08:23 UTC - NOT_HELPFUL

Rated by Participant: EC77C1A312898FCE929D0E29284CBD4247277464CF08B66006757391AB94F19A
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

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Original Tweet

All Information

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