Guide to Capital Gains Tax for Businesses

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2026-02-28 18:57:27

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Learn everything your business needs to know about capital gains tax, including how it is calculated, when to pay, and what it means when you sell a business.When you sell an asset, you may have to pay taxes. As a private individual, this tax is known as Capital Gains Tax (CGT).What Is Capital Gains Tax For Businesses?CGT is the UK tax levied on the profit you make on the sale of assets. The self-employed and persons in partnerships pay capital gains tax, which is levied at rates other than inco

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