UK capital gains tax applies to disposals of chargeable assets above the GBP 3,000 annual exempt amount. From 30 October 2024 the main rates are 18% for basic-rate taxpayers and 24% for higher and additional rates. This guide covers reporting, reliefs, and three worked examples.
Tax and Salary TL;DR Capital gains tax (CGT) is charged on the profit when you sell or dispose of an asset
UK capital gains tax non-resident 2026: NRCGT on UK residential property is 18% basic or 24% higher rate. UK commercial property gains are taxable for non-residents from April 2019. Annual CGT exempt amount is £3,000 for 2025/26. Report gains to HMRC within 60 days of completion.
Kael TriptonPremium ResearchAll Reports › Premium Reports · Tax & HMRC · Capital Gains Tax Capital gains tax on share disposals increased sharply in the
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