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Sam, Accountant
Category: Tax
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Experience:  26 HMRC expertise, PAYE, Self Assessment ,Residency, Rental Income, Capital Gains, CIS ask for Sam Tax
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My wife has no income but this year she will make a capital

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My wife has no income but this year she will make a capital gain of £30,900 how much tax will she pay.
Thanks for your question, I am Sam and I am one of the UK tax experts here on Just Answer.
The first £11,000 will be exempt - as this is the annual exemption allowance, and then the remaining gain will just be liable to 18% capital gains tax (as she has used none of her basic rate band with her annual income position)
So a capital gain bill of £3582
Let me know if you have any follow up questions from my response
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