Capital Gains Tax 2024 Uk. Perfect for uk residents, this tool helps you swiftly calculate potential taxes on the sale of assets or property. For the 2024 to 2025 tax year the allowance is £3,000, which leaves £9,600 to pay tax on.
— capital gains tax (cgt) is triggered when an asset is sold for a profit. — you pay capital gains tax when you sell a property that’s not your main home.