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        <description>How CGT is Calculated: A Clear and Neutral Explanation
Capital gains tax (CGT) is a tax on the profits made from the sale of an asset, such as a property or shares. It is calculated based on the difference between the purchase price and the sale price of the asset. The amount of tax payable on these gains can vary depending on a number of factors, including the length of time the asset was held, the type of asset, and the individual&#039;s income tax bracket.
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