Capital Gains Tax4 Jul 2024 10:59
It was news to me that CGT allowance dropped 50% 2022/23 to £6000 and has dropped another 50% from April 2024 to just £3000. If your gains are within the basic Income Tax band, you'll pay 10% on your gains. Any amount above the basic tax band will be subject to 20% tax. There is no carry forword of allowance from previous years
I suggest you consider buying within your SIPP or ISA as I a decent multi-bagging could see HMRC taking their share.
If as predicted, Labour get in with a good majority we could see the allowance drop to zero and CGT rates move to 20% and 40% in line with income tax levels.
All IMHO. DYOR and GLA