Policy paper

Capital Gains Tax: Investors’ relief — lifetime limit reduction

This tax information and impact note explains the reduction in the Investors’ relief lifetime limit announced at Autumn Budget 2024.

• From: HM Revenue & Customs
• Published: 30 October 2024
• Last updated: 14 November 2024 — See all updates

Documents

Capital Gains Tax: Investors’ Relief — reduction in the lifetime limit

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Draft legislation

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Draft legislation (accessible version)

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Details

At Autumn Budget 2024, the Chancellor announced that the Investor’s Relief lifetime limit would be reduced from £10 million to £1 million

This will apply to qualifying disposals made on or after 30 October 2024 and to certain disposals made before 30 October 2024.

Published 30 October 2024
Last updated 14 November 2024 + show all updates

1. 14 November 2024

   Accessible version of draft legislation has been added.

2. 30 October 2024

   First published.