Uk Capital Gains Tax Allowance 2024. How easy this is to do depends on the assets you are selling. This implies that you can sell assets for up to £6,000 profit and avoid paying any capital gains tax (cgt).
Based on the statement, capital gains tax (cgt) exemptions would undergo a reduction starting in april 2023, followed by additional decreases from april 2024. Capital gains tax is expected to raise around £15bn this year, rising to £23.5bn in five years’ time, according to forecasts.
