🧮 Capital Gains Tax Auto Year

⚠️ Disclaimer: Estimates only. Consult a qualified tax professional for your situation.

📋 CGT Rates by Country Current Year

🇺🇸 United States

Type	Rate	Condition
Short-Term (≤1 yr)	Ordinary income rate (10–37%)	Held ≤ 12 months
Long-Term (>1 yr) — Low income	0%	Taxable income ≤ $47,025 (single, 2024)
Long-Term — Mid income	15%	$47,025 – $518,900 (single, 2024)
Long-Term — High income	20%	Over $518,900 (single, 2024)
Net Investment Income Tax	+3.8%	MAGI over $200k (single) / $250k (married)

🇬🇧 United Kingdom

Asset Type	Basic Rate taxpayer	Higher/Additional Rate
Residential Property	18%	24%
Other assets (shares, crypto)	10%	20%
Annual CGT Exemption 2024/25	£3,000
Annual CGT Exemption 2025/26	£3,000 (unchanged)

🇮🇳 India (updated Budget 2024)

Asset / Holding Period	Rate	Notes
Equity/Equity MF LTCG (>1 yr)	12.5%	Exemption ₹1.25 lakh/yr. Raised from 10% in Budget 2024
Equity/Equity MF STCG (≤1 yr)	20%	Raised from 15% in Budget 2024
Non-equity LTCG (>2 yrs / >3 yrs)	12.5%	Indexation removed for properties from Budget 2024
Non-equity STCG	Slab rate	As per income tax slab
Real Estate LTCG (>2 yrs)	12.5%	No indexation benefit from Budget 2024

🇦🇺 Australia

Holding Period	CGT Treatment	Notes
Held ≥ 12 months	50% discount on gain	Net gain added to income, taxed at marginal rate
Held < 12 months	Full gain added to income	No discount — taxed at marginal rate
Main Residence	Exempt	Full CGT exemption for primary home

🇨🇦 Canada

Gain Amount (annual)	Inclusion Rate	Notes
First $250,000	50% included in income	Then taxed at your marginal rate
Over $250,000	2/3 (66.67%) included	Effective from June 25, 2024
Principal Residence	Exempt	Full exemption for principal residence

📐 How Capital Gains Tax Works

What is Capital Gain?

Capital Gain = Sale Price − Purchase Price − Costs

Costs include: brokerage fees, stamp duty, legal fees,
improvement costs (for property), etc.

Capital Loss = when Sale Price < Purchase Price
Losses can offset gains in most countries.

Short-Term vs Long-Term

Most countries tax long-term gains at lower rates
to encourage long-term investment:

🇺🇸 USA: Short ≤12 months (ordinary rate)
Long >12 months (0/15/20%)
🇬🇧 UK: No distinction — rate depends on
income level and asset type
🇮🇳 India: Equity: Short ≤12m, Long >12m
Property: Short ≤24m, Long >24m
🇦🇺 Australia: 50% CGT discount if held >12 months
🇨🇦 Canada: No distinction — inclusion rate applies

US Long-Term CGT Rates 2025

0% if taxable income ≤ $48,350 (single) / $96,700 (MFJ)
15% if taxable income ≤ $533,400 (single) / $600,050 (MFJ)
20% if taxable income > above thresholds

+ 3.8% NIIT if MAGI > $200k (single) / $250k (MFJ)

Note: Thresholds are inflation-adjusted each year.

India CGT — Budget 2024 Changes

Effective 23 July 2024 (Budget 2024):

Equity LTCG rate: 10% → 12.5%
Equity STCG rate: 15% → 20%
LTCG exemption: ₹1L → ₹1.25L per year
Indexation: Removed for all assets bought
after 23 July 2024

This was a significant change affecting all investors.

UK CGT Changes 2024

From October 2024 (Autumn Budget):
Other assets (shares, crypto):
Basic rate: 10% → 18% ✗ Wait — confirmed rates:
Basic rate: 10% (shares, crypto, other assets)
Higher rate: 20% (shares, crypto, other assets)
Basic rate: 18% (residential property)
Higher rate: 24% (residential property)

Annual exemption: £3,000 (2024/25 and 2025/26)

❓ Frequently Asked Questions

🤖

AI CGT Advisor — Coming Soon!

AI-powered capital gains optimisation, tax-loss harvesting tips and holding period analysis.

⏳ Coming Soon — Stay Tuned!

📈 Capital Gains Tax Calculator