Capital Gains Tax Rate 2024 Home Sale Uk

Capital Gains Tax Rate 2024 Home Sale Uk. However, the capital gain tax allowance is reduced to £3,000 as of april 2024 (finance act 2024). 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 in.


Capital Gains Tax Rate 2024 Home Sale Uk

However, the capital gain tax allowance is reduced to £3,000 as of april 2024 (finance act 2024). Enter the purchase and sale details of your assets along with tax reliefs and our capital gains tax calculator will work out your tax bill including all tax rates and allowances.

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