Capital Gains Tax Uk 2024. While the backlash against the capital gains tax reforms is understandable, it is crucial to view these changes in a broader context. Capital gains tax (cgt) can be due when you sell something that’s increased in value, or you transfer it outside of your estate, e.g.

The chancellor announced a 4% reduction in the higher rate of capital gains tax (cgt) on residential property gains, decreasing from 28% to 24% for disposals on or after 6 april. For the 2023/2024 tax year capital gains tax rates are: