Capital Gains Tax Allowance 2024/25. — since 6th april 2024, the uk’s capital gains tax allowance has been reduced from its previous rate. If you’re acting as an executor or personal representative for a deceased person’s estate, you may get the full annual exempt amount during the administration period.
— this measure changes the capital gains tax (cgt) annual exempt amount (aea). Capital gains tax (cgt) cgt is charged on any profits (the ‘gains’) you make when you sell (or transfer) shares and unit trusts, or other assets such as a second home.
Capital Gains Tax Allowance 2024/25 Images References :