Capital Gains Tax 2024/25 Uk Rate

Capital Gains Tax 2024/25 Uk Rate. Capital gains tax (cgt) is one of the least common taxes on income, and for many it won't apply. This tax information and impact notice outlines changes to the higher rate of capital gains tax that is charged on residential property gains from 6 april 2024.


Capital Gains Tax 2024/25 Uk Rate

Capital gains tax (cgt) is one of the least common taxes on income, and for many it won’t apply. Capital gains tax may be applied if the value has risen since the person died, and the gain is above the allowance (now ยฃ3,000 per person for the 2024/25 tax year, but it was ยฃ6,000 for the 2023/24 tax.

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