Capital Gains Tax Threshold Uk 2024. This is down from £6,000 in the 2023/24 tax year. The chancellor of the exchequer has made several announcements concerning rates and allowances applying from 6 april 2024, including the continued freezing of several key tax thresholds and reductions in the amount of annual exempt dividends and capital gains each taxpayer is allowed.

For the tax year 2024 to 2025 and subsequent tax years the aea will be permanently fixed at £3,000 for individuals and personal representatives, and £1,500 for most trustees. The treasury has refused to deny rumours it is planning to hike capital gains tax today as rachel reeves prepares for a landmark speech in which she will warn of the “broken” state of the uk.