Capital Gains Tax Allowance 2024/25 Property. Explore the significant changes in capital gains taxation proposed in budget 2024, including revised tax rates, holding periods, and removal of indexation benefits. 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.
The capital gains tax allowance on property for 2024/25 is £3,000. The office for budget responsibility estimates that cgt will raise £15.2billion in 2024/25.
Capital Gains Tax Allowance 2024/25 Property Images References :
