Uk Capital Gains Tax Rates 2024/25. Capital gains tax may be applied if the value has risen since the person died, and the gain is above the allowance (now £3,000 per person for the 2024/25 tax year, but it was £6,000 for the 2023/24 tax year). 20% (24% for residential property) for your entire capital gain if your overall annual income is above the £50,270 threshold.
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. Capital gains tax (applies to all uk):
Uk Capital Gains Tax Rates 2024/25 Images References :