Current Capital Gains Tax Rate 2024 Uk. Annual capital gains tax allowance: The announcement therefore represents a 4% reduction in the top rate of cgt for residential property, which will take effect from 6 april 2024 (though the 28% rate still remains and applies in.
Where ‘business asset disposal relief’ (badr) applies, the rate of tax on the. 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%.