Capital Gains Tax 2024/5

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Capital Gains Tax 2024/5. How your capital gains tax is calculated. What type of assets you sell;


Capital Gains Tax 2024/5

In 2024, individuals’ taxable income can be up to $47,025 to skip capital gains taxes with a 0% rate. The capital gains tax allowance for the 2023/24 tax year has decreased by more than 50% from its 2022/23.

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