Capital Gains Tax 2024/25 Uk 2024

Capital Gains Tax 2024/25 Uk 2024. Any excess gains are taxed at 20%. Capital gains tax is not a big revenue raiser, with the office for budget responsibility (obr) estimating that total capital gains tax receipts will be £15.2 billion.


Capital Gains Tax 2024/25 Uk 2024

The rate of capital gains tax is 10%, where the total taxable gains and income is less than £37,700. This capital gains tax (cgt) calculator applies to residential property sales and uses hm revenue & customs directives.

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