Uk Capital Gains Tax Allowance 2024/25

Uk Capital Gains Tax Allowance 2024/25. The annual capital gains tax allowance (also known as the annual cgt exemption) is as follows:. Capital gains tax allowance 2022/23, 2023/24, 2024/25 & other tax years.

So if you inherit a home that’s valued above £325,000, you’ll need to pay 40% in tax on the remaining value. For the tax year 2023 to 2024 the aea will be £6,000 for individuals and personal.