Capital Gains Tax Exemption 2024/25. You'll only pay cgt on the gain you make from an asset, rather. The administration period is the time it takes to settle the deceased person’s affairs, from the day after the death until the date everything has been.

For the current tax year (2024/25), the cgt allowance is £3,000. There are exemptions and reliefs available for cgt and this article provides a comprehensive.