Minta Tamarra

Capital Gains Tax Allowance 2024/25. Everyone is entitled to the capital gains allowance of £3,000 for the current tax year 2024/25. We've run through seven key changes that have come into effect for the 2024/25 tax year.

The good news is, individuals are entitled to a capital gains tax allowance each tax year, which allows you to keep a set amount to yourself without having to pay any tax on it. Capital gains tax rates and annual exempt amounts.