Capital Gains Tax

  • NewsAOL

    Why should I pay US tax? says Boris

    London mayor Boris Johnson has said he will refuse to pay a US capital gains tax bill, it has emerged. The prospective Conservative Parliamentary candidate, who was born in New York and holds a US passport, revealed his dispute with the US

    2-min read
  • BusinessAOL

    Will you have to pay tax when you sell your home?

    It's not just Maria Miller whose second home could prove something of a headache. New rules could mean that any of the million people in the UK with a second home could end up paying far more tax than they ever expected when they come to

  • BusinessAOL

    What will Autumn Statement tax do to house prices?

    In his Autumn Statement, George Osborne announced that he would introduce a tax for people who live overseas and own a second property in the UK. It's a capital gains tax (CGT) charge, so it will be payable when they sell up, on any profit

  • PoliticsAOL

    Landowners at risk of 'garden tax'

    Stephen Pond/PA Homeowners with large grounds could face a tax bill on profits from the sale of their property. While the Conservatives have rejected the Lib Dem's calls for a mansion taxr, George Osbourne is thought to be considering an

  • BusinessAOL

    Cutting CGT will be seen as another wealthy tax break

    If you had the choice about what taxes you paid, the chances are that you'd pay as few taxes as you possibly could, and ideally none. Unfortunately, we're not going to get away with paying less tax any time soon and in most cases

  • BusinessAOL

    You will waste £421 in tax in 2012

    David Jones/PA Archive/Press Association Images Research from unbiased.co.uk reveals that each person in the UK will chuck away an astonishing £421 in tax in 2012. The biggest area of waste is unclaimed tax credits - of which an astonishing

  • LifestyleAOL

    Selling an heirloom? Watch out for the tax bill

    AP Photo/Jim Cole Desperate times call for desperate measures and as more of us than ever feel the squeeze, we're turning to alternative ways to make extra cash. Selling heirlooms that people would otherwise have kept is becoming