Capital Gains Tax 2024/5

Capital Gains Tax 2024/5. Isas (or ‘individual savings accounts’) allow you to give your money an opportunity to grow. Capital gains tax is a tax on the profit when you sell (or ‘dispose of’) something (an ‘asset’) that’s increased in value.

 — an isa or a pension can reduce your capital gains tax liability isas. This means you’ll pay £960.