British coins are exempt from Capital Gains Tax. Capital Gains Tax is a tax paid on any profit made when you sell an asset that has appreciated in value over time. The personal Capital Gains Tax allowance is currently £12,300 (Feb 2023.) This is the annual exempt amount that is valid per financial year. Onwards from April 2023 the tax limit will be reduced by more than half to £6000.
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British coins are exempt from Capital Gains Tax. Capital Gains Tax is a tax paid on any profit made when you sell an asset that has appreciated in value over time. The personal Capital Gains Tax allowance is currently £12,300 (Feb 2023.) This is the annual exempt amount that is valid per financial year. Onwards from April 2023 the tax limit will be reduced by more than half to £6000.