Client accessAutumn Statement 2022 – Capital gains
Budget Summary
- Income tax
- National insurance contributions
- Capital gains
- Inheritance tax
- Stamp duty land tax
- Land transaction tax
- Business
- VAT
- Vehicles
- Welfare, work and pensions
- Energy
The government has announced that the capital gains tax annual exempt amount will be reduced from £12,300 to £6,000 from April 2023 and to £3,000 from April 2024.
Combined with the changes to the Dividend Allowance, these measures will raise over £1.2 billion a year from April 2025.
