- Did you dispose of an asset or part of an asset during December 2010?
- Did you make a gain on the disposal?
If so, you may have a Capital Gains Tax (CGT) liability. CGT in respect of gains made on the disposal of assets in the period 1 Dec - 31 Dec 2010 is due for payment by 31 January 2011.
The rate of CGT since 8 April 2009 is 25%. Taxback.com can provide advice in regard to CGT and help you calculate any liability which you may have.