Capital Gains Tax 2024/5 5 Lakhs. This article outlines the proposed changes to capital gains tax and inheritance tax in 2023/24. Capital gains tax (cgt) can be due when you sell something that’s increased in value, or you transfer it outside of your estate, e.g.
Instructions to complete the cgt schedule and tax return 2024. Capital gains tax is a tax on the profit when you sell (or ‘dispose of’) something (an ‘asset’) that’s increased in value.
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