Uk Capital Gains Tax Rates 2024 2024. When you earn more than £3,000 during a tax year, this is taxable income which you will need to declare to hmrc and file a tax return. For a table of the main tax rates and allowances for 2024/2025, see here.

Based on the statement, capital gains tax (cgt) exemptions would undergo a reduction starting in april 2023, followed by additional decreases from april 2024. Gross domestic product grew 0.6% in the second quarter of 2024 after a 0.7% expansion in the first quarter which was the fastest in more than two years, the office for national statistics said.