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    Paying Capital Gains Tax by Instalments Explained

    3 days ago

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    Capital gains tax (CGT) is usually due by January 31 after the tax year ends. However, under Section 280 of the Taxation of Chargeable Gains Act 1992, you may pay CGT in instalments if the sale involves staged payments. Eligibility requires consideration to be payable in instalments over 18 months, allowing payments for up to eight years.
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