Capital Gains Tax 2024/5 5rd. This measure changes the capital gains tax (cgt) annual exempt amount (aea). The simplest way to avoid capital gains tax is to regularly use your capital gains tax allowance (officially known as your annual exempt amount or aea).
What is capital gains tax? Capital gains tax is a tax on the profit when you sell (or ‘dispose of’) something (an ‘asset’) that’s increased in value.
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