Rumours are already gathering pace ahead of the Autumn Budget, which is set to take place on 28th October. Could Capital Gains Tax (CGT) be the next tax under attack? At this stage, nobody outside the Treasury knows exactly what will happen. However, history tells us that when governments need to raise money, Capital Gains […]
Tag Archives: CGT Return
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Aug
Aug
The Capital Gains Tax (CGT) tax free allowance has now fallen to £3,000 (2024/2025). The policy was announced in the former Chancellor Jeremy Hunt’s first Autumn Statement in 2022. This reduction in the tax free allowance will result in more individuals being subject to the CGT regime. Additionally, most landlords selling their properties are also […]