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Uk cgt calculations help please?

Hi, having looked online, i am a bit confused. People say that you only pay cgt if you make profits over £12600, but what if you have a job too? So lets say over the course of a year i make £20000 from my job and then dispose of stocks and bonds in march for a profit of £40000 how much tax would i pay?

submitted by /u/tridtrod

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