Capital Gains Tax Rate 2024 Stock Sale Of Property

Capital Gains Tax Rate 2024 Stock Sale Of Property. The tax is computed based on the higher of the sale price or the fair. And the capital gains tax rate depends on the amount of your income.

The capital gain for the property happens on the date of the sale contract, not the date of settlement. For the 2024 to 2025 tax year the allowance is £3,000, which leaves £9,600 to pay tax on.