Capital Gains Tax Allowance 2024/25.  — this allowance is essentially the amount of profit you can make (minus certain costs) from selling assets, such as investments or a property you let out, before you have to pay capital gains tax.  — capital gains tax rates in the uk for 2024/25.

If you’re acting as an executor or personal representative for a deceased person’s estate, you may get the full annual exempt amount during the administration period. Add this to your taxable income.