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Capital Gains Tax 2025 Uk 2025
Capital Gains Tax 2025 Uk 2025. With an approximate £22 billion gap in public finances, experts are predicting that capital gains tax (cgt), inheritance tax (iht), and other related taxes. For the current tax year (2025/25), the cgt allowance is £3,000.
What is capital gains tax? These changes aim to balance the tax burden among taxpayers, ensuring that those with higher gains contribute proportionately to the public coffers.
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