Capital Gains Tax 2024/25 Uk Gov

Capital Gains Tax 2024/25 Uk Gov. Read on to find out what changed — and what exactly this could mean for you and your investments. Enter the purchase and sale details of your assets along with tax reliefs and our capital gains tax calculator will work out your tax bill including all tax rates and allowances.

 — capital gains tax allowance has shrunk (again) the cgt allowance was cut from £12,300 to £6,000 for the 2023/24 tax year, and the annual exemption halved again. 18% for the entire capital gain if you are a basic rate taxpayer (with income below £50,270).