Capital Gains Tax Annual Exemption 2024/25

Capital Gains Tax Annual Exemption 2024/25. The annual exemption for 2023/24 is £6,000, however, as announced in the november 2022 budget it will reduce to £3,000 from 6 april 2024. There is also an annual £3,000 capital gains tax allowance.

This measure changes the capital gains tax (cgt) annual exempt amount (aea). Add this to your taxable income.