Capital Gains Tax 2024/25 2024ora. For the current tax year (2024/25), the cgt allowance is £3,000. Enter the purchase and sale details of your assets along with tax reliefs and our capital gains tax calculator will work out your tax bill including all tax rates and allowances.

The chancellor has confirmed that the capital gains tax (cgt) annual exempt amount will be reduced from £12,300 to £6,000 from 6 april 2023 and to £3,000 from 6 april 2024. This capital gains tax (cgt) calculator applies to residential property sales and uses hm revenue & customs directives.