Long Term Capital Gain Tax Rate 2024-24
Long Term Capital Gain Tax Rate 2024-24. The rate of capital gains tax is 10%, where the total taxable gains and income is less than £37,700. The capital gains tax treatment for various types of assets has been changed in the union budget 2024.
Any excess gains are taxed at 20%. You’ll pay 15 percent on capital gains if your income ranges from $44,626 to $492,300.