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About: Capital gains tax in the United Kingdom     Goto   Sponge   NotDistinct   Permalink

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Capital gains tax in the United Kingdom is a tax levied on capital gains, the profit realised on the sale of a non-inventory asset by an individual or trust in the United Kingdom. The most common capital gains are realised from the sale of shares, bonds, precious metals, real estate, and property, so the tax principally targets business owners, investors and employee share scheme participants. The current operation of the capital gains tax system is a recognised issue. The Conservative government consulted on the issue in 2020.