What are capital gains tax rates in UK?

You need to pay capital gains tax (CGT) when you profit from selling valuable assets such as shares, cryptocurrencies, art, or property.

For the 2017/2018 tax year capital gains are taxed at:

  • 10% (18% for residential property) if your overall annual income is below £45 000
  • 20% (28% for residential property) for capital gains above £45 000 threshold

Individuals have an £11 300 capital gains tax allowance. This means your capital gains up to £11 300 are tax free.

Normally you don't have to pay any capital tax on selling your main home.

Capital gains tax rates

Type of asset Basic rate Higher rate
Shares 10% 20%
Residential property 18% 28%
Bitcoin/Cryptocurrency 10% 20%
Other 10% 20%

Tax free allowance

Allowance for Annual exempt amount
Individuals £11 300
Trusts £5 650

If you need to quickly see how much tax you need to pay view our capital gains tax calculator.

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