Capital Gains Tax 2024 Uk Income

Capital Gains Tax 2024 Uk Income. Capital gains tax when you sell a property that's not your home: If you’re acting as an executor or personal representative for a deceased person’s estate, you may get the full annual exempt amount during the administration period.

On incomes over £100,000, the personal allowance is reduced by £1 for every £2 earned above this threshold. The chancellor of the exchequer has made several announcements concerning rates and allowances applying from 6 april 2024, including the continued.