Jinny Charmian

Capital Gains Tax Rates 2024 25 Uk. For the 2023/2024 tax year capital gains tax rates are: The highest rate of cgt is 28 per cent now, far lower than the 45 per cent top rate of income tax.

Estimates suggest that aligning capital gains tax rates with income tax could raise over £16bn annually. 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, but it was.