Capital Gains In 2024 April Budget. Explore uk budget 2024's capital gains tax changes: The previous government reduced the annual exemption to £3,000 in april, while the rate on residential property disposals was dropped from 28% to 24% in the spring budget.
Capital gains tax rate changes apply regardless of an individual’s protected characteristics, and equality impacts will reflect the composition of the capital gains tax population. From 6 april 2025, the cgt rate that applies to badr and investors’ relief will rise from 10% to 14%.