Capital Gains Tax Allowance 2024/25 Gov Uk. How much does cgt raise? 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.

This measure changes the capital gains tax (cgt) annual exempt amount (aea). If you sold a uk residential property on or after 6 april 2020 and you have tax on gains to pay, you can report and pay using a capital gains tax on uk property account.