Emmy Idaline

Capital Gains Tax Rate 2024/25 2024. In their march 2024 economic and fiscal outlook (efo), the obr estimate that the cut in capital gains tax payable on residential property gains increases property transactions. In 2024, individuals' taxable income can be up to $47,025 to skip capital gains taxes with a 0% rate.

For the current tax year (2024/25), the cgt allowance is £3,000. The government has cut the rate of capital gains tax for.