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WebApr 6, 2024 · The current taxable gain is £50,000 after deduction of Jack's annual CGT exemption. He elects to holdover the £50,000 gain. As a higher rate taxpayer he saves £10,000 (£50,000 x 20%). The relief works by reducing the trustees acquisition cost by the amount of the held-over gain. A few years later, the Trust fund is worth £300,000. WebOverview Capital Gains Tax is a tax on the profit when you sell (or ‘dispose of’) something (an ‘asset’) that’s increased in value. It’s the gain you make that’s taxed, not the amount of money... WebCoordination Syndicale Départementale CGT des services publics de l'Ain, Bourg-en-Bresse. 966 likes · 1 was here. Défense des salariés de la … huawei mediapad t5 for sale