8 Annual exempt amount
Finance Act 2023 (2023 c 1) | Legislation

Capital gains tax

8  Annual exempt amount

(1)     Chapter 1 of Part 1 of the Taxation of Chargeable Gains Act 1992 (capital gains tax) is amended as follows.

(2)     In section 1K (annual exempt amount), in subsection (2) (which specifies the amount of the annual exempt amount for a tax year), for “£12,300” substitute “£6,000”.

(3)     The amendment

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