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Old 22-12-2022, 21:51   #9
Pierre
The Dark Satanic Mills
 
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Join Date: Dec 2003
Location: floating in the ether
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Re: Capital Gains Tax - how to pay when a PAYE tax payer?

Quote:
Originally Posted by Paul View Post
There is something called the "CGT reporting proceeds limit", which will be fixed at £50,000.

I cannot find any (understandable) definition of what this is, but the name seems to imply you dont have to report anything under £50,000 ?
Thanks Paul, I’ll look into that. I won’t ever get near that though. I do dabble in shares, but if you’ve wanted any kind of return on your savings in the last 14yrs, you weren’t getting it from a savings account.
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