Key takeaways
This course provides a comprehensive understanding of the key principles, calculations, and applications of Capital Gains Tax (CGT) in the UK. Across six focused videos, you will:
- Understand CGT Basics – Learn the core principles, tax rates, exemptions, and HMRC reporting requirements.
- Explore Tax Rate Interactions – See how CGT rates work alongside Income Tax and affect overall liability.
- Master CGT Calculations – Gain practical knowledge of essential formulas, including Partial Disposal and Share Matching.
- Apply Capital Losses Effectively – Understand how timing and relationships impact the use of capital losses, including rules for personal chattels.
- Navigate Share Identification Rules – Learn how share transactions, including repurchases, influence CGT calculations.
- Handle Personal Chattels – Differentiate between wasting and non-wasting assets and how to calculate gains or losses on disposals.
By the end of the course, you’ll be better equipped to support clients with CGT planning and compliance. Each module includes a short quiz to test your knowledge and earn CPD points.
