What are capital gains tax rates in UK?

We've updated this guide on 20th June 2019

NOTE: this guide has been updated for the 2019/2020 tax year.

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

For the 2019/2020 tax year capital gains tax rates are:

  • 10% (18% for residential property) for your entire capital gains profit if your overall annual income is below £50,000
  • 20% (28% for residential property) for your entire capital gains profit if your overall annual income is above the £50,000 threshold

Individuals have an £12,000 capital gains tax allowance. This means your capital gains up to £12,000 are tax free.

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

Capital gains tax rates

Type of assetBasic rateHigher rate
Residential property18%28%

Tax free allowance

Allowance forAnnual exempt amount

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

Need help with your tax return?

Get your self assessment prepared for you online by certified accountants for £119

Online self assessment preparation assisted by professional accountants

How TaxScouts works

Simple online tax assessment

1. Simple online tax assessment

Our online tax-bot will go over your tax situation and will make sure you won’t overpay your taxes.

Chat to human advisors

2. Chat to human advisors

You can talk to one of our tax assistants at any time during the process when you have any questions.

We’ll sort your documents online

3. We’ll sort your documents online

We’ll tell you exactly what documents you need and sort them for you online. You just upload them or snap a picture with your phone.

Everything gets prepared for you

4. Everything gets prepared for you

Your certified accountant will go over your details & prepare your tax return for you to review. It will be filed on your behalf once you approve it.

"Smooth and easy process"
Smooth and easy process. Will use every year! Very helpful staff as well!
Oliver J W
"I will not shut up about you guys!"
Tax return filed within 24h... No forever back and forth emails. I am totally in love and recommending you to everyone. Fact!
"Mad not to use it"
Took all of the hassle out of doing a tax return. You would be mad not too use this service.

Who our service is for

First time tax filers

We have a simple online service that guides you through the entire process. Regardless of your reasons for doing your tax return we'll help you get it done right.

Construction workers

We'll prepare your self assessment and help to maximise your CIS tax refund. We have the lowest fees in the industry and you don't have to pay up front if you're eligible for a refund.

People living overseas

Our service allows people living abroad to prepare their income tax return online. We are able to process all returns regardless of your current country of residence.

Company directors

UK company directors are required to file their self assessment annually. TaxScouts handles this through a simple online process.


Long Lets, Airbnb, Capital Gains. TaxScouts will sort out your self assessment and take away the worry of tracking all the recent tax changes.


TaxScouts ensures the self employed don't overpay on their taxes. We'll help you benefit from all the tax breaks and deductions that can be applied to your return.

And for everyone else who needs to do their self assessment

At TaxScouts we appreciate that tax returns are highly individual. Before you get assigned an accountant we make sure to understand your circumstances and help you build your optimal tax profile.