Capital Gains Tax 2024/25 Uk Government. Capital gains tax is not a big revenue raiser, with the office for budget responsibility (obr) estimating that total capital gains tax receipts will be £15.2 billion. We've run through seven key changes that have come into effect for the 2024/25 tax year.

With an approximate £22 billion gap in public finances, experts are predicting that capital gains tax (cgt), inheritance tax (iht), and other related taxes. For the current tax year (2024/25), the cgt allowance is £3,000.