RE: Do you pay CGT or not11 Mar 2026 16:50
Thanks, Bot.
I took the 25% some years back so the SIPP is a remnant that I transferred from some outfit making outrageous charges and have effectively played, a tad cautiously on the basis that I have always, with hindsight, got it wrong if I had day-traded! So, the money stays where it is accumulating some dividends and paying for cruises! Unusually for us, we have two more this year, both on Arcadia, so there will be two more withdrawals in the tax year 26/27. I just have to accept the (present?) 40% hit.
Irks me a bit, but I cannot complain! Fortunately, won’t be anywhere near troubling the IHT threshold. The other thing that irks, of course, is madam from complaints who seems to think that the best way to grow the economy is to increase taxes - even on (ex) students…….
B