Capital Gains Tax Rate 2024/25 2024. Explore the significant changes in capital gains taxation proposed in budget 2024, including revised tax rates, holding periods, and removal of indexation benefits. For the current tax year (2024/25), the cgt allowance is £3,000.

In 2024, individuals’ taxable income can be up to $47,025 to skip capital gains taxes with a 0% rate. Add this to your taxable income.