Capital Gains Tax 2024 Uk Rate. For the 2024 to 2025 tax year the allowance is £3,000, which leaves £9,600 to pay tax on. Understanding the complexities of capital gains tax (“cgt”) in the uk, especially how it interplays with individual income tax levels, is crucial for property investors and individuals selling assets like.

Capital gains tax rates & allowances. However, the spring budget announced that the higher rate of cgt on uk residential property disposals will be reduced from 28% to 24% with effect from 6 april 2024.