Glossary term

Annual Exempt Amount (UK CGT)

UK annual capital gains tax-free allowance.

Related terms

Jurisdictions

Definition

The annual exempt amount of 3,000 GBP for 2024-25 is the tax-free gain allowance available to UK individuals. The amount was reduced from 12,300 GBP in 2022-23 to 6,000 GBP in 2023-24 and 3,000 GBP from 2024-25.

Examples

A UK taxpayer making gains of 4,000 GBP in a year pays CGT on the 1,000 GBP excess above the AEA.

Related terms

Capital Gains Tax (UK)

Translations

ESmonto exento anual

ZH年度免征额

DEjährlicher Steuerfreibetrag

FRabattement annuel

JA年間非課税枠

Citations

TCGA 1992 · 3

Related citations

Computed from the cross-reference graph. Links open the related entity on this site.

This entry cites

TermCapital Gains Tax (UK)

Primary sources

HMRC: Annual exempt amountVerified 2026-05-20

Important disclaimer

This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.