Capital Gains Tax Rates 2024/25 Uk 2024

Capital Gains Tax Rates 2024/25 Uk 2024. Capital gains tax may be applied if the value has risen since the person died, and the gain is above the allowance (now £3,000 per person for the 2024/25 tax year,. 10% (18% for residential property) for your entire capital gain.

England, northern ireland and wales. As of the 2024/25 tax year, this can add up to £175,000 to the existing threshold, potentially increasing it to £500,000.