(FINANCE) the increase in wealth that goes to the owner of a financial asset when it increases in value. If you buy a share of stock, and the share increases in value, then you have capital gains whether you have sold it or not.
If you sell the stock at the higher price, you have made money on the transaction and have "realized capital gains." If you hang onto the asset in the hopes its value will increase even more, you have "unrealized capital gains."
For owners of stocks, wealth can come in the form of capital gains or dividends. For owners of gold, the only benefit comes from capital gains. This is why gold is usually not a good investment.
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CGT is a tax levied on the profit when individuals (except Angela Rayner MP) sell an asset.
That Angela Rayner, I've heard she's a big Maggie Thatcher fan, being particularly impressed with Maggie's 1980 Housing Act, which enabled council house tenants to buy (and sell) their council house. Hang on, I hear Rayner has not only broken electoral law by saying she is registered as living at said council house, but is in fact living down the road with husband and kids. She has also failed to pay capital gains tax on the profit made when she sold the council house.
On well, good on her! Hold on a minute, what's her role in the current Labour government - Secretary of State for Housing, Communities and Local Government - NO !!!!! You've got to be pulling my plonker!