Canada Capital Gains Tax Changes 2024 Uk

Canada Capital Gains Tax Changes 2024 Uk. In the 2024 budget, the federal government hiked the capital gains inclusion rate to 67.5% for capital gains above $250,000. Indexation of the lcge would resume in 2026.

The federal government’s 2024 budget proposes changes to how capital gains are taxed, which could see the wealthiest canadians pay up a bigger share of. As of june 25, 2024, however, you will be taxed on 50% of your annual capital gains up to $250,000.