Shara Dorothee

Long Term Capital Gains Tax Rate 2024 Trusts. The government has introduced a flat 12.5% tax rate for all. How much you owe depends on your annual taxable income.

If your taxable income exceeds those amounts, you may be subject to 15% and 20% tax rates. Stcg tax has been increased to 20 percent, and ltcg tax is now 12.5 percent for specific assets.