Capital Gains Tax 2024/25. In their march 2024 economic and fiscal outlook (efo), the obr estimate that the cut in capital gains tax payable on residential property gains increases property transactions by. This allowance is essentially the amount of profit you can make (minus certain costs) from selling assets, such as investments or a property you let out, before.
This capital gains tax (cgt) calculator applies to residential property sales and uses hm revenue & customs directives. General description of the measure.