Tate Norina

Capital Gains Tax Rate 2024/25. This move will offset the cgt. The long term capital gains (ltcg) tax will rise from 10% to 12.5%, and the short term capital gains.

The resulting figure called the taxable gain, is multiplied by the relevant rate for the computation of capital gains tax liability. You pay higher rates of capital gains tax on a property than on other types of assets.