Capital Gains Tax 2024 Allowance Limit. As per income tax rules, when an individual sells a capital asset, he/she can earn capital gains or losses. — budget 2024 unveils new capital gains tax regime:
— legislation will be introduced in the autumn finance bill 2022 amending section 1k to reduce the aea to £6,000 for tax year 2023 to 2024, with a further. — budget 2024 unveils new capital gains tax regime: