Capital Gains Tax 2024/25 2024ona

Capital Gains Tax 2024/25 2024ona. Capital gains tax is not a big revenue raiser, with the office for budget responsibility (obr) estimating that total capital gains tax receipts will be £15.2 billion. The rates are 0%, 15% or 20%, depending on taxable.

This measure changes the capital gains tax (cgt) annual exempt amount (aea). 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.