Uk Capital Gains Tax Threshold 2024/25. The rate of capital gains tax depends on whether you’re a basic, higher or additional rate taxpayer, as well as the type of asset disposed of. General description of the measure.
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Capital Gains Are Subjected To A Tax Rate Of 10% When Both Income And Gains Remain Within The Basic Rate Band Limit Of £37,700.
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10% (18% For Residential Property) For Your Entire Capital Gain If Your Overall Annual Income Is Below.
Uk higher and additional rate.
Uk Capital Gains Tax Threshold 2024/25 Images References :
Should The Combined Income And.
For the 2023/2024 tax year capital gains tax rates are:
Up To Basic Rate Band (£37,700):
It’s the gain you make that’s taxed, not the amount of money.