Media Centre

Monday 17th December 2018 - Last update: March 16th, 2016.

Spring Budget: Changes to Capital Gains Tax rates

March 16, 2016


Type: Latest Blogs, Property & Construction Blogs, Tax, Trending

From 6 April 2016, the rates of Capital Gains Tax (‘CGT’) payable on gains will fall as follows:


Old Rates New Rates
Basic Rate taxpayer 18% 10%
Higher Rate taxpayer 28% 20%


However, the old CGT rates will continue to apply to gains realised on the sale of residential property other than your main residence.

Did you enjoy this blog?

Click here to sign up to our Newswire to get these sent directly to your inbox!