Taxation of Chargeable Gains Act 1992 section 1I

Income taxed at higher rates or gains exceeding unused basic rate band

Section 1I determines the rate of capital gains tax that applies to an individual's gains depending on whether their income is taxed at a higher income tax rate and whether their gains exceed the unused part of their basic rate band.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.