Capital Gains Tax Rates 2024/25 Uk

Capital Gains Tax Rates 2024/25 Uk. If you make a profit from selling or ‘disposing of’ an asset, you might need to pay capital gains tax (cgt). In the uk, capital gains tax rates depend on your total income and the type of asset you’re selling.


Capital Gains Tax Rates 2024/25 Uk

The good news is, individuals are entitled to a capital gains tax allowance each tax year, which allows you to keep a set amount to yourself without having to pay any tax on it. The 2023/24 tax year rates are as follows:

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