Capital Gains Tax 20242024a. There is no individual capital gains tax in uruguay. Because the combined amount of £29,600 is less than £37,700 (the basic rate band for the 2024 to 2025 tax year), you pay capital gains tax at 10%.
If your taxable income exceeds those amounts, you may be subject to 15% and 20% tax rates. Capital gains tax is a tax on the profit when you sell (or ‘dispose of’) something (an ‘asset’) that’s increased in value.