Capital Gains Tax Allowance 2024/5
Capital Gains Tax Allowance 2024/5. Capital gains tax rates and annual exempt amounts. This is the amount of profit you can make from an asset this tax year before any tax is payable.
Scottish taxpayers should use the ‘rest of uk’ tax bands to determine the rate at which they will pay cgt. In 2024, every individual in the uk has a cgt.