Maude Sherill

Capital Gains Tax Allowance 2024/25 Gov Uk. For the tax year 2023 to 2024 the aea will be £6,000 for individuals and personal representatives,. From april 6 2024 the capital gains tax allowance will be £3,000 per person which is a reduction from £6,000 in the previous tax year.

This is the amount in capital gains you can make this tax year before any tax is due. If you sold a uk residential property on or after 6 april 2020 and you have tax on gains to pay, you can report and pay using a capital gains tax on uk property account.