Capital gains tax for the armed services
Capital gains tax (CGT) is a complicated subject so we signpost you to where you may find extra help. We also highlight the special treatment you may receive when you sell your home.
What is CGT?
CGT is a tax charged if you sell, give away, exchange or otherwise dispose of an asset and make a profit or gain.
It is not the amount of money you receive for the asset but the gain you make that is taxed.
You can find more detailed commentary in the ‘Other tax issues’ section of this website.
Where can I find more information?
GOV.UK has some commentary and examples.
In this section, we also look at ‘capital gains tax on the sale of your home’ and ‘capital gains tax for individuals not resident in the UK’.