Capital Gains Calculator
Calculate how much Capital Gains Tax you owe on your profits from property, shares, crypto and more.
| Threshold income | £100,000.00 |
|---|---|
| Adjusted income | £87,430.00 |
| Pension contributions | £5,330.10 |
| Allowance | £27,432.00 |
| Amount exceeding | £67,237.90 |
NOTE: Your results will not be saved. This calculator should be used for estimations, capital gains is complicated with potential reliefs available, please get in touch if you have any queries.
Calculate Capital Gains Tax in the UK
When you sell or get rid of an asset, like property or shares, you will need to pay Capital Gains Tax (CGT). This tax is calculated by subtracting the asset's purchase price from the money that you receive on selling it. The profit you make from the transaction is what determines your tax liability. However, to get the actual profit, you also need to deduct any interest you paid when you originally bought the asset.
Capital Gains Tax is applicable at certain rates, but you can benefit from tax reliefs and allowances before calculating what you owe. So, here you'll learn everything you need to learn about Capital Gains Tax in UK, including its various methods of calculation and the role it plays in property and shares.
What is Capital Gains Tax?
Capital Gains Tax, often abbreviated as CGT, is a form of tax that the UK government imposes on the profit (the "gain") you make when you sell an asset that has grown in value. The gain is essentially the difference between the selling price and the original purchase price of the asset.
Common Instances of Capital Gains Tax
While CGT applies to various assets, it is most commonly used in the following scenarios:
- Sale of shares
- Investment funds
- Secondary properties
- Inherited properties
- Company transfers
- Art, jewellery, and antiques
- Assets sold for less than their actual value
Capital Gains Tax Rates
The CGT rates in the UK are not universal. They vary depending on the type of asset and the total annual income of the individual. For instance, the current Capital Gains Tax rates for the 2023/2024 tax year are as follows:
- A 10% tax rate applies to your entire capital gain if your total annual income is less than £50,270.
- Your entire capital gain will be taxed at a rate of 20% (28% in the case of residential property) if your yearly income exceeds £50,270.
- There is an allowance to deduct up to £3000 from your taxable capital gains. This tax-free gain is available to those who qualify.
Shares
- Basic rate: 10%
- Higher rate: 20%
Residential property
- Basic rate: 18%
- Higher rate: 28%
Cryptocurrency
- Basic rate: 10%
- Higher rate: 20%
Other
- Basic rate: 10%
- Higher rate: 20%
Allowance for Individuals - Annual exempt amount: £12,300
Allowance for Trusts - Annual exempt amount: £6,150

