CGT Allowance Calculator — Calculate Your Capital Gains Tax

CGT Allowance Calculator

Calculate your Capital Gains Tax allowance, exemptions, and potential tax liability. Determine CGT for property, shares, and other assets based on UK tax regulations.

Step 1: Personal Details

Understanding CGT Allowance

The Capital Gains Tax allowance is the amount of profit you can make from selling assets before you have to pay tax. The allowance has been reduced in recent years.

Step 2: Asset Details

Capital Gains Tax Rates

Residential property: 18% (basic rate) or 24% (higher/additional rate). Other assets: 10% (basic rate) or 20% (higher/additional rate). Different rules apply for business assets.

CGT Calculation Results

Summary
Tax Rates
Breakdown

Estimated Capital Gains Tax Due

£4,560
On £25,000 gain after £6,000 allowance
Taxable Gain
£19,000
CGT Allowance
£6,000
Tax Rate
24%
Asset Type
Residential Property

CGT Tax Rate Comparison

Asset Type Basic Rate Higher Rate Additional Rate Notes

Tax Calculation Breakdown

CGT Calculation Formula

Taxable Gain = Sale Price – Cost – Allowance – Reliefs

Tax Due = Taxable Gain × Applicable Tax Rate. Private Residence Relief may apply if the property was your main home.

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