UK CGT rates 25/26 tax year are 18% for basic-rate taxpayers and 24% for higher- or additional-rate taxpayers. This standardises rates across residential property and investment assets, supported by a £3,000 annual exempt amount for individuals and £1,500 for eligible trusts. Key Takeaways Standard UK CGT rates 25/26 for basic rate taxpayers are set at…
The capital gains tax allowance 2025/26 stands at £3,000 for individual UK taxpayers across the current tax year (6 April 2025 to 5 April 2026). Sell or dispose of an asset above this Annual Exempt Amount, and HM Revenue & Customs taxes any remaining profit at either 18% or 24%, depending on your income tax…
Holding capital gains tax on shares held for 10 years in the UK does not automatically reduce your Capital Gains Tax (CGT) rate or qualify you for special holding-period discounts. HM Revenue and Customs (HMRC) charges CGT based on your annual income tax band and total capital net gains, regardless of whether you owned the…
Managing a company or unincorporated business exit in the 2026/27 tax year requires careful planning following recent major statutory updates. Business asset disposal relief serves as one of the most critical legal frameworks for UK entrepreneurs looking to reduce their personal tax liability upon selling all or part of a trading operation. Qualifying for this…