Capital Gains Tax 2024/5 5 Lakhs. Any excess gains are taxed at 20%. In their march 2024 economic and fiscal outlook (efo), the obr estimate that the cut in capital gains tax payable on residential property gains increases property transactions.


Capital Gains Tax 2024/5 5 Lakhs

Here’s a breakdown of how capital gains are taxed for 2024. Where ‘business asset disposal relief’ (badr) applies, the rate of tax.

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