Capital Gains Tax 2024 Real Estate. The long term capital gains tax (ltcg) on property sales has been reduced from 20% to 12.5%, but the budget fine print revealed that the. The capital gains tax is a tax on any capital gains you make during a tax year.
Understand how the new rates affect homebuyers, sellers, and. The capital gains tax is a tax on any capital gains you make during a tax year.