Capital Gains Tax on personal possessions

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What you pay it on

You may have to pay Capital Gains Tax if you make a profit (바카라 사이트˜gain바카라 사이트™) when you sell (or 바카라 사이트˜dispose of바카라 사이트™) a personal possession for £6,000 or more.

Possessions you may need to pay tax on include:

  • jewellery
  • paintings
  • antiques
  • coins and stamps
  • sets of things, eg matching vases or chessmen

You바카라 사이트™ll need to work out your gain to find out whether you need to pay tax.

When you don바카라 사이트™t pay it

You don바카라 사이트™t usually need to pay tax on gifts to your husband, wife, civil partner or a charity.

You don바카라 사이트™t pay Capital Gains Tax on:

Jointly owned possessions

You바카라 사이트™re exempt from paying tax on the first £6,000 of your share if you own a possession with other people.