Capital gains tax
Annual exempt amount, residential property rates and Business Asset Disposal Relief.
2026/27
CGT — Standard
| Band | Rate | Notes |
|---|---|---|
| Up to £37,700 | 18% | Basic-rate band |
| Over £37,700 | 24% | Above basic-rate band |
- Annual exempt amount£3,000
CGT — Residential property
| Band | Rate |
|---|---|
| Up to £37,700 | 18% |
| Over £37,700 | 24% |
2025/26
CGT — Standard
| Band | Rate |
|---|---|
| Up to £37,700 | 18% |
| Over £37,700 | 24% |
- Annual exempt amount£3,000
Capital Gains Tax (CGT) basics
CGT is charged when you dispose of an asset — shares, a second property, a business — for more than it cost. You have an annual exempt amount, and gains above it are taxed at rates that depend on the asset and your income. Residential property disposals must be reported and the tax paid within 60 days.
Reliefs such as Business Asset Disposal Relief can cut the rate significantly. We calculate gains, claim every relief and file on time.
Frequently asked
When do I report a property sale?+
A UK residential property gain must be reported and the CGT paid within 60 days of completion. Missing this triggers automatic penalties.
Is there a tax-free amount?+
Yes — the annual exempt amount. Gains within it are tax-free; only the excess is taxed. See the table above for the current figure.