Spring Budget 2024 Capital Gains

Spring Budget 2024 Capital Gains. The recent spring budget announced the higher rate of capital gains tax (cgt) for residential property disposals will see a reduction from 28% to 24% effective from 6 april. Higher rates apply for certain gains,.

Chancellor jeremy hunt announced in the spring budget that higher property capital gains tax will be reduced from 28% to 24% , which he hopes will increase revenues. The recent spring budget announced the higher rate of capital gains tax (cgt) for residential property disposals will see a reduction from 28% to 24% effective from 6 april.