Capital Gains Tax Rate 2024/25 2024 . The government has announced that the higher rate of capital gains tax on gains from residential property will be reduced from 28% to 24% for gains accruing on or after 6. The rate of capital gains tax is 10%, where the total taxable gains and income is less than £37,700.
For the current tax year (2024/25), the cgt allowance is £3,000. Where ‘business asset disposal relief’.
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Capital Gains Tax 2024/25 2024 Dody Nadine , Current capital gains tax rates are 18% and 20% (or 20% and 28% for property).