You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
MENU
If you wish to talk to Burrow & Crowe over the phone, request a call back using our helpful form below.
Highlighting capital gains tax and inheritance tax.
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.
If you would like more information or would like to speak to us direct then call us on 0113 259 1666. Or if you would prefer, ask us a question online.
Our FREE monthly eNEWS email newsletter will keep you up to date with the latest news related to the world of accountancy.