Capital Gains Tax Allowance 2024/25 Shares

Capital Gains Tax Allowance 2024/25 Shares. You may need to pay capital gains tax (cgt) on shares you own if you sell them for a profit. For the tax year 2023 to 2024 the aea will be £6,000 for individuals and personal.

There will be a 4 % reduction in the higher rate of cgt on all residential property gains, dropping from 28 % to 24 % for all disposals on or after april 6, 2024. As well as the changes already covered in this article, the government has also announced a reduction in the threshold for capital gains tax (cgt).