Capital gains tax
2 original explainers from our newsroom on Capital gains tax, covering United Kingdom, United States. Newest first.
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- How does capital gains tax in the UK work? A beginner's explanation
Capital gains tax in the UK explained from official UK government guidance: what counts as a chargeable asset, the £3,000 tax-free allowance, 18% and 24% rates, worked examples, losses, spouse gifts, the 60-day property
- How does capital gains tax in the US work? A beginner's explanation
Capital gains tax in the US explained with IRS Topic 409: short-term vs long-term (more than one year), the 0%, 15% and 20% long-term rates and 2025 thresholds, the $3,000 loss deduction limit, carryovers, and where to r
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