About Us
ESP-Software
ESP-Software is supported by employee share plans specialists and consultants who have wide experience in employee share plans,
and IT experts who are providing solutions using information technologies, especially designing and programming
databases, developing software for desktop and the Internet, having over a decade's practical experience of developing software.
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FAQ: How can taper relief reduce the CGT I pay?
This depends on the level of your income liable to income tax. You add the gains chargeable to CGT onto your income liable to income tax and pay CGT at the appropriate rates. For tax years 2003/04 and 2004/05, the rates are 10%, 20% and 40%, depending on your income tax band.
You pay CGT on 31 January after the end of the tax year in which you dispose of the shares.
Source: Inland Revenue
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