Capital Gains Tax Allowance 2024/25 Gov Uk

Capital Gains Tax Allowance 2024/25 Gov Uk

Capital Gains Tax Allowance 2024/25 Gov Uk. You’ll need to report and pay capital gains tax if your taxable gains are above your allowance. For the tax year 2023 to 2024 the aea will be £6,000 for individuals and personal.


Capital Gains Tax Allowance 2024/25 Gov Uk

This means you don’t pay any cgt on the first £3,000 you earn from the sale of your property. If you sold a uk residential property on or after 6 april 2020 and you have tax on gains to pay, you can report and pay using a capital gains tax on uk property account.

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