Post
Topic
Board Legal
Re: Taxes (UK)
by
Pteppic
on 17/05/2013, 12:37:07 UTC
From the HMRC website;

Quote
If you don't normally complete a tax return
If you have worked out you have no Capital Gains Tax to pay, you don't need to give HMRC details of your gains or disposals.

I was happy when I saw that. In other words, a married couple can realise £21,800 (£10,900 each) in capital gains each year without having to even contact HMRC.