Capital Gains 2024 Tax Rates. The capital gains tax rate for a capital gain depends on the type of asset, your taxable income, and how long you held. Uk chancellor of the exchequer rachel reeves declined to rule out increasing the capital gains tax after warning that difficult decisions will be taken to fill a £22 billion ($28.

Short term gains on listed equity shall attract a. Understanding the nuances of capital gains tax can help you minimize your tax liability and maximize your returns.