Capital Gains Tax Allowance 2024/25. This measure changes the capital gains tax (cgt) annual exempt amount (aea). How will capital gains from your investments be taxed?

The act provides for a number of measures announced at the spring budget 2024, including a reduction in the higher rate of cgt for gains on residential property from. A higher rate of cgt applies to gains on the disposal of residential property (apart from a principal private residence).