What’s capital gains tax and when do you pay it?

 Download PDF version What’s capital gains tax and when do you pay it? Here’s a guide to how CGT works and some ways to minimise your tax burden Capital gains tax is charged on the profit you make from the sale of assets. CGT can apply to assets you’ve purchased or inherited – shares, investments, land, property (special rules apply to your primary residence), and even collectibles and personal items, depending on what you paid …