Capital Gains Tax 2024/2024 Uk. Taxes on capital gains raised £14.8bn in the tax year ending in march, according to the office for budget responsibility. Jason hollands, managing director at investing platform bestinvest, said:

This decreased to £6,000 for the (current) 2023/24 tax year and will decrease again for the 2024/25 tax year to. Capital gains tax (cgt) is levied on the profit you make when selling an asset that has increased in value.