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Evening Standard
Evening Standard
World
Nuray Bulbul and Sian Baldwin

What Is capital gains tax? Upcoming changes after Autumn Budget 2024 explained

You can earn an annual allowance without paying capital gains tax, with the rate depending on your income tax band - (PA Archive)

Chancellor Rachel Reeves announced on Wednesday that capital gains tax (CGT) rates for shares and other assets will significantly increase.

Rumours about potential changes to CGT were confirmed in the Autumn Budget.

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