Uk Capital Gains Tax Allowance 2024/25. In the uk, capital gains tax for residential property is charged at the rate of 24% where the total taxable gains and income are above the income tax basic rate band. Capital gains tax—2024/25 has been explained in this comprehensive statement of the law which is unique to lexisnexis.
Add on the taxable amount of £12,000. This measure changes the capital gains tax (cgt) annual exempt amount (aea).