Spring Budget 2024 Capital Gains. From 6 april 2024, the higher rate of capital gains tax. The top rate of capital gains tax will be cut to 24% from 28% for disposals of any residential property, other than a home.
The government has previously announced that the cgt annual exempt amount will reduce from £6,000 to £3,000 from april 2024. From 6 april 2024, the higher rate of capital gains tax for residential property disposals will be cut from 28% to 24%.
Spring Budget 2024 Capital Gains Images References :