Capital Gains Tax · 2023/24
UK Capital Gains Tax in 2023/24 by Gain Amount
Pick a gain size below to see exactly how much Capital Gains Tax applied in the 2023/24 tax year. All figures use the 2023/24 Annual Exempt Amount of £6,000 and the published non-residential CGT rates (10% basic / 20% higher).
What was different about 2023/24
In 2023/24 the CGT Annual Exempt Amount was cut from £12,300 to £6,000 — the first leg of a two-step reduction. Non-residential CGT rates remained at 10% (basic-rate band) and 20% (higher/additional). Residential property gains were taxed at 18% / 28%.
2023/24 CGT headline numbers
Annual Exempt Amount
£6,000
Non-residential basic rate
10%
Non-residential higher rate
20%
Residential basic rate
18%
Residential higher rate
28.00%
BADR rate
10% (up to £1m lifetime)
Pick a gain amount
CGT on £5,000 gain
2023/24 tax year · basic-rate
£0
non-residential
CGT on £10,000 gain
2023/24 tax year · basic-rate
£400
non-residential
CGT on £25,000 gain
2023/24 tax year · basic-rate
£1,900
non-residential
CGT on £50,000 gain
2023/24 tax year · basic-rate
£4,400
non-residential
CGT on £100,000 gain
2023/24 tax year · basic-rate
£9,400
non-residential
Other years
Related
Disclaimer: Figures use a single non-residential disposal with the published 2023/24 CGT rates and Annual Exempt Amount. Whether the higher- or basic-rate CGT band applies depends on your taxable income for the year. Residential property gains are taxed at higher rates; main-home disposals generally qualify for Private Residence Relief. Brought-forward losses and reliefs (e.g. BADR) can materially change the bill.