Hi - I understand that the rate of CGT chargeable depends on the gain added to your taxable income - so 10/20 or 18/28.
If you only have say £3,000 of UK taxable income and after using your CGT allowance you have a gain of £2,000, does that mean you pay nil CGT because you are still within your personal allowance for income tax?
Or do you always have to pay 10/18 even if you have no UK taxable income? I have done a lot of Googling but can't seem to find anything that states this definitively.
Very grateful for any help. Thanks.
John
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