You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
Chartered Certified Accountants Tax Consultants Registered Auditors
DOUGLAS FAIRLESS PARTNERSHIP
0151 709 1931/9187 neil@douglasfairless.co.uk
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.
It is estimated that around 570,000 individuals and trusts could be affected in 2024/25.
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.
Request your free initial consultation today, simply fill in our online form.
Our website contains a wide range of guides offering, tax, financial and business information, which we trust you will find useful.
For more information on what we can do for you please contact us.