Capital Gains Tax Exemption 2024/25. Capital gains tax is a tax on the profit when you sell (or ‘dispose of’) something (an ‘asset’) that’s increased in value. The annual capital gains tax allowance (also known as the annual cgt exemption) is as follows:.


Capital Gains Tax Exemption 2024/25

Any excess gains are taxed at 20%. If you have a capital loss you can usually.

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Capital Gains Tax Exemption 2024/25