Capital Gains Tax 2024 Uk 2024

Capital Gains Tax 2024 Uk 2024. With an approximate £22 billion gap in public finances, experts are predicting that capital gains tax (cgt), inheritance tax (iht), and other related taxes. For the current tax year (2024/25), the cgt allowance is £3,000.


Capital Gains Tax 2024 Uk 2024

What is capital gains tax? These changes aim to balance the tax burden among taxpayers, ensuring that those with higher gains contribute proportionately to the public coffers.

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