Capital gains tax bands 2026/27
rates verified 24 Jul 2026 · next refresh after Autumn Statement
Direct answer
Capital gains tax for 2026/27: 18% on gains that fall within the basic-rate band of taxable income, 24% on gains above. Annual exempt amount £3,0008. Residential property gains use the same rates after the 30 October 2024 change31.
2026/27 rates and allowance
| Asset | Within basic-rate band | Above |
|---|---|---|
| Non-property assets | 18% | 24% |
| Residential property | 18% | 24% |
| Annual exempt amount | £3,000 per person, per year | |
How the band rate is decided
Add taxable gains to taxable income. The slice that fits inside the basic-rate band (up to £50,270 total) is taxed at 18%. The slice above is taxed at 24%.
When the rates changed
For disposals from 30 October 2024, non-property CGT moved from 10/20% to 18/24%, matching the residential rates31. The annual exempt amount dropped from £6,000 to £3,000 on 6 April 2024.