Capital Gains Tax Rate 2024250

Capital Gains Tax Rate 2024250. The rates are 0%, 15% or 20%, depending on taxable income. Because the combined amount of £29,600 is less than £37,700 (the basic rate band for the 2024 to 2025 tax year), you pay capital gains tax at 10%.

For instance, you might have heard that there are three capital gains tax rates: Most single people with investments will fall into the 15% capital gains rate, which applies to incomes between $47,026 and $518,900.