Capital Gains Tax Rate 2024/25 202425. The tax rate for a capital gain depends on the type of asset, your taxable income, and how long you held the property sold. The government has announced that the higher rate of capital gains tax on gains from residential property will be reduced from 28% to 24% for gains accruing on or after 6.
The latest adjustments to capital gains tax (cgt) carry significant implications for. That’s up from $44,625 this year.
Capital Gains Tax Rate 2024/25 202425 Images References :