Capital gains annual exempt amount - the exempt amount will be reduced from £12,300 to £6,000 from April 2023, further reducing from April 2024 to £3000

[Dougal1984]

Cut in capital gain allowance

I can barely fill up my ISA, and I use the CGT allowance to utilise multiple accounts outside of the annual deposit limit. The reduction of CGT allowance would further restrict my ability this. To be fair, we can invest 20k of new funds a year tax free, and then get an additional 12.3k of CGT and 2k of income allowance a year. Not many can utilise all 3 let alone the 20k, why not simplify it, and just have the 20k ISA allowance? Have everything outside an ISA taxable at source and at the sam…

Did you forget you already started a thread?