Ardene Elfrieda

Capital Gains Tax Allowance 2024/25. This is down from £6,000 in the 2023/24 tax year. The amount you pay depends on your personal income and the profit you receive from the sale.

Last year (2023/24), the cgt allowance was £6,000, but it has been cut to £3,000 for this tax year (2024/25). Capital gains tax allowance has shrunk (again) the cgt allowance was cut from £12,300 to.