CGT Rate Calculator
Calculate your Capital Gains Tax liability accurately. Determine tax rates, exemptions, and allowances for property, shares, and other assets in the UK.
Step 1: Asset Details
Allowable Costs
Include purchase costs, improvement costs, professional fees, and selling costs. These reduce your taxable gain.
Step 2: Tax Details
CGT Rates 2024-25
Residential property: 18% (basic), 24% (higher). Other assets: 10% (basic), 20% (higher). Annual exemption: £3,000.
CGT Calculation Results
Total CGT Liability
Capital Gains Tax Rates
Important Notes
Different rates apply to residential property vs other assets. The Annual Exempt Amount is £3,000 for 2024-25. Business Asset Disposal Relief may reduce rate to 10% on qualifying gains.
| Asset Type | Basic Rate | Higher Rate | Notes |
|---|---|---|---|
| Residential Property | 18% | 24% | Excludes main home (PPR relief) |
| Shares & Securities | 10% | 20% | Includes ISAs (tax-free) |
| Commercial Property | 10% | 20% | May qualify for reliefs |
Gain & Tax Breakdown
CGT Calculation Formula
Taxable Gain = (Sale Price – Purchase Price – Allowable Costs) – Annual Exemption
CGT = Taxable Gain × Applicable Rate. Different rates apply to residential property (18%/24%) vs other assets (10%/20%). Various reliefs may reduce the taxable amount.
| Component | Amount | Calculation |
|---|---|---|
| Sale Proceeds | £350,000 | Actual sale price |
| Purchase Price | £250,000 | Original cost |
| Allowable Costs | £5,000 | Fees, improvements |
| Annual Exemption | £3,000 | 2024-25 allowance |
| Taxable Gain | £92,000 | 350,000 – 250,000 – 5,000 – 3,000 |
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