Capital Gains Tax 2024/25. Capital gains tax is a tax on the profit when you sell (or ‘dispose of’) something (an ‘asset’) that’s increased in value.  — what are the major changes brought about in the taxation of capital gains by the finance (no.2) bill, 2024?

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.  — put simply, capital gains taxes are the taxes you pay on profits made from the sale of assets, such as stocks or real estate.