What are the Capital Gains Tax rates in the UK in 2026/27?

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Capital Gains Tax (CGT) is charged on gains arising from the disposal of assets. The rates and structure changed significantly from October 2024 under the Autumn Budget. CGT rates from 30 October 2024 (2026/27 and earlier from that date) All assets (including shares, business assets AND residential property -- rates equalised): -- Basic rate taxpayers: 18% -- Higher and additional rate taxpayers: 24% Pre-October 2024 rates for context: -- Residential property: 18%/28% -- Other assets: 10%/20% The Budget reduced the residential property rate (28% to 24%) and raised the other assets rate (10%/20% to 18%/24%). Annual Exempt Amount GBP 3,000 per individual per tax year (2024/25 onwards). Reduced from GBP 6,000 (2023/24) and GBP 12,300 (2022/23). Couples can each use GBP 3,000 on jointly owned assets. Business Asset Disposal Relief (BADR) BADR (formerly Entrepreneurs' Relief) provides a reduced CGT rate for qualifying business disposals: -- Rate: 14% for disposals from 6 April 2025 to 5 April 2026; 18% from 6 April 2026 -- Lifetime limit: GBP 1,000,000 -- Qualifying disposals: sole trader business, partnership interest, shares in a personal company (5%+ holding, officer/employee, trading company) Carried interest Private equity carried interest: 32% CGT rate from April 2025, moving to income tax treatment from April 2026. Residential property 60-day reporting rule Gains from disposal of UK residential property (including non-main-residence) must be reported and any CGT paid within 60 days of completion. This is separate from the annual Self Assessment return. Main Residence Relief (PRR) Your main home is exempt from CGT under Private Residence Relief. Lettings relief and the final period exemption have been substantially reduced in recent years.

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• What are the Capital Gains Tax rates in the UK in 2026/27?