How Much Is Long Term Capital Gains Tax 2024. In 2024, individuals' taxable income can be up to $47,025 to skip capital gains taxes with a 0% rate. The capital gains tax rate you use depends on the total amount of your taxable income, so work that out first.
Because the combined amount of £29,600 is less than £37,700 (the basic rate band for the 2024 to 2025 tax year), you pay capital gains tax at 10%. Rates for capital gains tax.
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