Capital Gains Tax 2024 Uk Income. For the current tax year (2024/25), the cgt allowance is £3,000. In the uk, capital gains tax for residential property is charged at the rate of 24% where the total taxable gains and income are above the income tax basic rate band.

In the uk, capital gains tax for residential property is charged at the rate of 24% where the total taxable gains and income are above the income tax basic rate band. Updated mon, 16 sept 2024,.