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Short Term Capital Gains Tax 2024 Uk. The reduction of capital gains tax (cgt) from 28% to 24% for disposals of residential property in the uk, as outlined in the uk budget 2024, is set to significantly. This helpsheet will help you fill in the capital.
10% (18% for residential property) for your entire capital gain if your overall annual income is below. For the 2024 to 2025 tax year the allowance is ยฃ3,000, which leaves ยฃ9,600 to pay tax on.
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