Capital Gains Tax 2024 Allowance. This means you don’t pay any cgt on the first £3,000 you earn from the sale of your property. This article will use data from official uk government sources to present a concise and understandable explanation of the capital gains tax allowance for the.

The central board of direct taxes (cbdt) has issued frequently asked questions (faqs) dated 24 july 2024, clarifying certain points in relation to the capital. This means you don’t pay any cgt on the first £3,000 you earn from the sale of your property.