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Understanding Capital Gains Tax-Free Allowance: A Guide and How SAS Yorkshire Can Help

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The capital gains tax-free allowance refers to the amount of profit you can make from the sale of assets before having to pay any capital gains tax. For the tax year 2024/25, the tax-free allowance for individuals is £6,000, which means that any capital gain up to this amount will not be taxed. This allowance is available to all individuals, and it applies to the total of your taxable... https://www.sas-yorkshire.com/

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