questionText: To ask the Chancellor of the Exchequer, what recent assessment she has made of the adequacy of the annual exempt amount for Capital Gains Tax for individuals in supporting small investors and households; and whether she plans to review that threshold.
answerText: The Annual Exempt Amount (AEA) for Capital Gains Tax (CGT) is £3,000 for individuals and £1,500 for most trustees. In 2022, the previous Government reduced this from £12,300 (£6,150 for most trusts) to the current level, phased in over two tax years. The ...
heading: Capital Gains Tax: Exemptions