Uk Capital Gains Tax Threshold 2024/25. Capital gains tax raised 15 billion pounds in the last financial year. While worth only around 4.0 per cent of receipts from all taxes on income, reeves may try to up that figure.
Capital gains tax—2024/25 has been explained in this comprehensive statement of the law which is unique to lexisnexis. From april 2023, the uk capital gains tax allowance (“cgt”) will be reduced from £12,300 to £6,000 for individuals and personal representative for the 2023/24 tax year and then.
