Uk Capital Gains Tax Threshold 2024/25. For the 2023/2024 tax year capital gains tax rates are: The following capital gains tax rates apply:
The threshold may be subject again to change after that tax year. Basic rate taxpayers pay 10% tax on chargeable gains in tax year 2024/25.
Posted Tue, 17 Oct 2023 12:18:11 Gmt By.
2) act 2024 includes several tax changes that will affect individuals and businesses in the uk.
Up To Basic Rate Band (£37,700):
Tax when you sell property.
The Threshold May Be Subject Again To Change After That Tax Year.
Images References :
Up To Basic Rate Band (£37,700):
The good news is, individuals are entitled to a capital gains tax allowance each tax year, which allows you to keep a set amount to yourself without having to pay any tax on it.
Tax If You Live Abroad And Sell Your Uk Home.
Capital gains tax (applies to all uk):
This Measure Changes The Capital Gains Tax ( Cgt) Annual Exempt Amount ( Aea ).