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What personal possessions (chattels) you need to pay Capital Gains Tax (CGT) on, how to work out your gain

• What you pay it on

  You may have to pay Capital Gains Tax if you make a profit (‘gain’) when…

• Work out your gain

  Your gain is usually the difference between what you paid for your…

• Possessions with a limited lifespan

  You don’t have to pay Capital Gains Tax on personal possessions with a…

• Possessions that are part of a set

  If you sell all or part of a set to the same person for less than £6,000,…

Find out if you can declare personal goods orally or by conduct.

• Updated: 17 December 2021

Find out how to import your personal belongings, pets and private motor vehicles when moving or returning to the UK.

• Updated: 22 June 2023

• Updated: 6 April 2024

Bringing in goods for personal use when you travel to the UK from abroad - types of tax and duty, duty free, EU and non-EU arrivals, banned and restricted goods.

• Updated: 6 April 2024

You can claim a relief to pay no Customs Duty and VAT if you're importing inherited goods into the UK.

• Updated: 14 April 2023

Hand luggage restrictions at UK airports - carry-on luggage, checked-in baggage, restricted items and liquids, electronic devices carried from Turkey, Lebanon, Egypt and Saudi Arabia

Use the IHT407 with form IHT400 to give details about the deceased's household and personal goods.

Find out about the simplified rates of customs and excise duty used when you declare your personal goods online.

• Updated: 22 November 2023