Skip to main content

beta This is a new service – your feedback will help us to improve it.

Allocation of CGT allowance pre and post budget

Answer
David Phillips
Posted Thu, 14 Nov 2024 13:12:34 GMT by David Phillips
The rate of CGT increased on 30/10/24. If gains are made on shares pre and post 30/10/24 can the £3000 allowance be offset 100% against the higher taxed post budget gains, or is it allocated based on a calendar months, or against the first £3000 of gains during the year?
Answer
HMRC Admin 17 Response
Posted Mon, 18 Nov 2024 10:44:26 GMT by HMRC Admin 17 Response

Hi ,
 
Guidance on how to calculate capital gains following the budgetary changes will be issued in due coursem .


Thank you .

You must be signed in to post in this forum.