Uk Capital Gains Tax Free Allowance 2024/25

Uk Capital Gains Tax Free Allowance 2024/25. Add this to your taxable. 20% (24% for residential property) for your entire capital gain if your overall annual income is above the £50,270 threshold.

For the tax year 2023 to 2024 the aea will be £6,000 for individuals and personal representatives, and £3,000 for. This gives individuals with a chargeable gain (profit) in the 24/25 tax year a £3,000 tax free limit before capital gains tax will be applicable.