UK Capital Gains Tax Calculator
Calculate your CGT liability for property or other assets (2024/25).
Legal fees, stamp duty, improvements, etc.
Salary or other annual income after personal allowance.
Net Profit After Tax
£17,400
Total Gain
£19,000
Taxable Gain
£16,000
Total Tax
£1,600
Tax Bands Breakdown
Basic Rate (10%)
£1,000.00
Higher Rate (20%)
£600.00
Total CGT
£1,600.00
Understanding Capital Gains Tax (CGT)
event Annual Allowance
For the 2024/25 tax year, the tax-free allowance is £3,000 per individual (reduced from £6,000 in 23/24).
apartment Property CGT
Residential property gains (not your main home) are taxed at higher rates: 18% for basic rate taxpayers and 24% for higher rate (New 2024/25 rules).
receipt_long Allowable Expenses
You can deduct costs like legal fees, estate agent commissions, and capital improvements from your total gain to reduce your tax bill.