Capital Gains Tax Rate 2024/25 2024

Capital Gains Tax Rate 2024/25 2024. You may owe capital gains taxes if you sold stocks, real estate or other investments. The tax rate for a capital gain depends on the type of asset, your taxable income, and how long you held the property sold.

You may owe capital gains taxes if you sold stocks, real estate or other investments. The chancellor has confirmed that the capital gains tax (cgt) annual exempt amount will be reduced from £12,300 to £6,000 from 6 april 2023 and to £3,000 from 6 april 2024.