Capital Gains Tax Rate 2024-25. Learn about the proposed shift from indexation to a flat 12.5% tax rate. Holding onto an asset for more than a year before selling generally results in a more favorable tax rate of 0% to 20%, whereas assets sold within a year or less of.
For the 2024 to 2025 tax year the allowance is ยฃ3,000, which leaves ยฃ9,600 to pay tax on. The finance minister nirmala sitharaman has proposed following changes in the capital gains taxation regime in budget 2024:
Capital Gains Tax Rate 2024-25 Images References :