Capital Gains Tax

A client’s overall total gain/loss for all disposals for the tax year, after deducting any losses from previous years and the Capital Gains Tax Annual Exempt Amount, will be subject to Capital Gain Tax (CGT).

The Capital Gains Tax Annual Exempt Amount and tax rate history for an individual and their residential property gains is below;

Tax YearCGT AEAIndividual
Basic Rate
Individual
Higher Rate
Residential
Basic Rate
Residential
Higher rate
2026/27£3,00018%24%18%24%
2025/26£3,00018%24%18%24%
2024/25 30/10/2024
Pre 30/10/2024
£3,00018%
10%
24%
20%
18%24%
2023/24£6,00010%20%18%28%
2022/23£12,30010%20%18%28%
2021/22£12,30010%20%18%28%
2020/21£12,30010%20%18%28%
2019/20£12,00010%20%18%28%
2018/19£11,70010%20%18%28%
2017/18£11,30010%20%18%28%
2016/17£11,10010%20%18%28%
2015/16£11,10018%28%
2014/15£11,00018%28%
2013/14£10,90018%28%
2012/13£10,60018%28%
2011/12£10,60018%28%
2010/11£10,10018%28%
2009/10£10,10018%18%
2008/09£9,60018%18%

For further information;

www.gov.uk/guidance/capital-gains-tax-rates-and-allowances

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