Capital Gains Tax payment due by 31st January

Capital Gains Tax payment due by 31st January

For anyone who has realised a capital gain between 1st – 31st December 2016 then they have up until 31st January 2017 to make the relevant payment.

Capital Gains Tax is a self-assessed tax therefore it’s up to the taxpayer (with the help of their taxation adviser) to calculate the tax due and make the necessary payment.

A taxpayer is required to file a return of capital gains by 31st October of the following year covering capital gains arising in the previous calendar year (Jan to Dec).

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