Capital taxes

Highlighting capital gains tax and inheritance tax.

Capital gains

The capital gains tax annual exempt amount will be reduced from £6,000 to £3,000 from April 2024.

Comment

It is estimated that around 570,000 individuals and trusts could be affected in 2024/25.

Inheritance tax

The inheritance tax nil-rate bands will stay fixed at their current levels until April 2028. The nil-rate band will continue at £325,000, the residence nil-rate band will continue at £175,000 and the residence nil-rate band taper will continue to start at £2 million.

Register for newsletter

Why not register to receive our Monthly Newswire?

Once a month we'll send you an email packed full of essential business news and handy tax tips to help save you money.

Learn more
BAS logo Ciot logo ICAEW logo Sage logo

Home | Contact us | Site map | Accessibility | Disclaimer | Privacy | Help | © 2025 McIntosh Accountants Limited. All rights reserved.

McIntosh is a trading name of McIntosh Accountants Limited.

Registered Address: McIntosh Chartered Accountants incorporating Facts and Figures, Windsor Lodge, 263A Werrington Road, Bucknall, Stoke-on-Trent, Staffordshire ST2 9AS
Registered in England | Company number : 04639062

We use cookies on this website, you can find more information about cookies here.