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What Capital Gains Tax (CGT) is, how to work it out, current CGT rates and how to pay.

• Overview

  Capital Gains Tax is a tax on the profit when you sell (or ‘dispose of’)…

• What you pay it on

  You pay Capital Gains Tax on the gain when you sell (or ‘dispose of’):…

• Capital Gains Tax allowances

  You only have to pay Capital Gains Tax on your overall gains above your…

• Gifts to your spouse or charity

  There are special rules for Capital Gains Tax on gifts or assets you…

• Work out if you need to pay

  You need to pay Capital Gains Tax when you sell an asset if your total…

• Reporting and paying Capital Gains Tax

  You do not get a bill for Capital Gains Tax. You must work out if your…

• Capital Gains Tax rates

  You may pay a different rate of tax on gains from residential property…

• If you make a loss

  You can report losses on a chargeable asset to HM Revenue and Customs…

• Record keeping

  You need to collect records to work out your gains and fill in your tax…

• Market value

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

Relief from Capital Gains Tax (CGT) when you sell your home - Private Residence Relief, time away from your home, what to do if you have 2 homes, nominating a home, Letting Relief

• Private Residence Relief

  You do not pay Capital Gains Tax when you sell (or ‘dispose of’) your home…

• Work out your gain

  You may need to pay tax when you sell your home if you do not qualify for…

• Living away from your home

  You may get less Private Residence Relief if you live away from your home.…

• Nominating a home

  If you nominate a property as your main home you qualify for relief for…

• If you let out your home

  You may have to pay Capital Gains Tax if you’ve let out your home to a…

Capital Gains Tax when you sell a property that's not your home: work out your gain and pay your tax on buy-to-let, business, agricultural and inherited properties

• 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…

• Businesses

  You may get tax relief if you sell property that you use for business.…

• Selling overseas property

  You pay Capital Gains Tax when you ‘dispose of’ overseas property if…

Resources to support the commissioning and delivery of tier 2 behavioural weight management services for children, families and adults.

• Updated: 10 November 2021

Explanations of the different terms you might see on your driving licence

How to report and pay Capital Gains Tax (CGT).

These manuals contain guidance on Capital Gains Tax and property income.

• Updated: 3 September 2015

Type approval, individual (IVA), motorcycle single vehicle approval, voluntary approval, certificate of initial fitness, accessibility approval, fees, forms, replacement certificates

Free and impartial help with money and pensions.

• Updated: 21 December 2017

Pentonville is a men’s prison and young offender institution in the London Borough of Islington, North London.

• Updated: 4 August 2025