Short Term Capital Gains Tax 2024 Brackets. There is a flat 28% capital. There will be only two holding periods for the purpose of ascertaining nature of capital gains i.e.
These tax rates and brackets are the same as those applied to ordinary income, like your wages, and currently range from 10% to 37% depending on your income level. โ according to hmrc in 2022 to 2023 ยฃ14.4bn was owed in capital gains tax from 369,000 taxpayers.