Capital Gains Tax 2024 Uk Government

Capital Gains Tax 2024 Uk Government. For the 2024 to 2025 tax year the allowance is £3,000, which leaves £9,600 to pay tax on. It applies to assets like property, shares, and.


Capital Gains Tax 2024 Uk Government

Capital gains tax (cgt) in the uk is a tax on the profit made when you sell an asset that has increased in value. For higher earners, capital gains tax is currently 24% on gains from residential property or 20% on gains from other assets.

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