Capital gains are the profits you get when you sell an asset. They can be subject to either short-term or long-term tax rates, depending on how long you owned the asset. Many, or all, of the ...

the long-term capital gains tax rate for tax year 2024 ranges from 0% to 28%, depending on your filing status, income and asset type, and few people qualify for a rate higher than 15%. For assets ...

President Donald Trump wants to end the carried interest loophole. Here’s how the tax break benefits Wall Street investment ...

Different capital assets — such as listed shares, mutual funds, tax-free bonds, debentures, unlisted shares, and real estate ...

Tackle your 2023-24 tax return with the tax calculator service from GoSimpleTax ... but still pay the basic rate on capital gains. This can be complicated to work out, so we'd recommend getting ...

As a starting point for your calculations, you must work out the difference between what you paid for the assets and what you ...

Budget 2025 offers a welcome increase in tax rebates, but it’s important to know where the benefits apply and where they ...

Long-term capital gains tax rates are based on your overall taxable income and filing status, so this income will be taxed at either 0%, 15% or 20%.