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Who Pays Capital Gains Tax?

April 26, 2017capital gains excise tax inland revenue pays spread betting tax tax-free

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Who Pays Capital Gains Tax?

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Although most investors are subject to capital gains tax when they sell shares or other assets. However, if the taxman classes you as a trader you will instead pay income tax on your profits. Although you also have to be UK resident and UK ‘ordinarily resident’ To pay UK capital gains tax.