Capital Gains Tax 2024/25

Capital Gains Tax 2024/25. In the uk, capital gains tax for residential property is charged at the rate of 24% where the total taxable gains and income are above the income tax basic rate band. For the tax year 2023 to 2024 the aea will be £6,000 for individuals and.

In the uk, capital gains tax for residential property is charged at the rate of 24% where the total taxable gains and income are above the income tax basic rate band. There will be a 4 % reduction in the higher rate of cgt on all residential property gains, dropping from 28 % to 24 % for all.