Capital Gains Tax Rate 2024 Home Sale Uk. This measure reduces the higher rate of capital gains tax charged on residential property gains from 28% to 24% for disposals made on or after 6 april 2024. If you sold a uk residential property on or after 6 april 2020 and you have tax on gains to pay, you can report and pay using a capital gains tax on uk property account.
Keeping your profits below this threshold is an excellent way to avoid capital gains tax on property. Find out how much cgt you’ll pay, when you have to pay it and how lettings relief has changed.