Current Long Term Capital Gains Tax Rate 2024. — compare that with the 34.6m people who paid £250bn in income tax receipts, or around £7,000 each, and it’s clear why capital gains is such an easy target. Removes indexation, lowers tax to 12.5%, changes holding period to 24 months.
There will be only two holding periods for the purpose of ascertaining nature of capital gains i.e. Remember, this isn’t for the tax return you file in 2024, but rather, any gains you incur from.
Current Long Term Capital Gains Tax Rate 2024 Images References :