[1I Income taxed at higher rates or gains exceeding unused basic rate band]
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

[1I  Income taxed at higher rates or gains exceeding unused basic rate band]

[(1)     If any of an individual's income for a tax year is chargeable to income tax at a higher income tax rate, gains accruing to the individual in the tax year are charged—

[(za)     at the rate of 24% (if they are residential property gains),]

(a)     at the rate of 28%(if they are . . . carried interest gains), or

(b)     at the rate of 20% (if they are other kinds of gains).

(2)     If—

(a)     none of an individual's income for a tax year is chargeable to income tax at a higher income tax rate, but

(b)     the individual is chargeable to capital

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