Capital Gains Tax 2024/5 5 Lakhs

Capital Gains Tax 2024/5 5 Lakhs. For the 2022/23 tax year, the rates for capital gains tax on residential property are 18% for basic rate taxpayers. You simply enter details like.

To align capital gain tax (cgt) with income tax rates and to reduce the cgt allowance. The capital gains tax allowance has been gradually reduced over the last few years.