Capital Gains Tax Rates 2024/25 Uk. — capital gains are subjected to a tax rate of 10% when both income and gains remain within the basic rate band limit of £37,700. 10% rate applies to your entire capital gain if your total annual income is below £50,270, but this rate jumps to 18% for residential properties.
— what would a change in capital gains tax rates look like? — based on the statement, capital gains tax (cgt) exemptions would undergo a reduction starting in april 2023, followed by additional decreases from april 2024.