Capital gains tax calculator 2017-2018

Quickly know how much capital gains tax you owe.

Profits from capital gains
£
Annual income (outside of capital gains)
£
Capital gains breakdown
Tax free (allowance)
£11,300.00
Taxed at 10%
£0.00
Taxed at 20%
£8,700.00
Total capital gains tax
£1,740.00
Your total annual income: £69,000.00
£0
£69,000.00
Your capital gains income: £20,000.00
Tax free
-
Taxed at 20%
£1,740.00

How your capital gains tax is calculated

Your total capital gains tax (CGT) owed depends on two main components:

  1. How much you earn in total
  2. What type of assets you sell

In your case where capital gains from shares were £20,000.00 and your total annual earnings were £69,000.00:

Capital gains tax (CGT) breakdown

You pay no CGT on the first £11,300.00 that you make
You pay £1,740.00 at 20% tax rate on the remaining £8,700.00 of your capital gains

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1. Simple online preparation

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