Uk Capital Gains Tax Rates 2024/25

Uk Capital Gains Tax Rates 2024/25. From 6 th april 2024: Because the combined amount of £29,600 is less than £37,700 (the basic rate band for the 2024 to 2025 tax year), you pay capital gains tax at 10%.

For 2024/25, the higher rate of property capital gains tax will be reduced from 28% to 24%, chancellor jeremy hunt announced in his budget of 6 th march. However, if you sell or give away an asset worth more than £3,000, you could have to pay cgt.