Policy paper

Changes to the rates of Capital Gains Tax

This measure is about changes to the rates of Capital Gains Tax that apply to disposals of assets, other than residential properties and carried interest. 

• From: HM Revenue & Customs
• Published: 30 October 2024
• Last updated: 6 November 2024 — See all updates

Documents

Capital Gains Tax — rates of tax

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Draft legislation

PDF, 773 KB, 20 pages

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Draft legislation (accessible version)

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Details

This measure increases: 

• the main rates of Capital Gains Tax from 10% and 20%, that apply to assets other than residential property and carried interest, to 18% and 24% respectively for disposals made on or after 30 October 2024
• the main rate of Capital Gains Tax that applies to trustees and personal representatives from 20% to 24% for disposals made on or after 30 October 2024
• the rate of Capital Gains Tax that applies to Business Asset Disposal Relief and Investors’ Relief is increasing to 14% for disposals made on or after 6 April 2025 and from 14% to 18% for disposals made on or after 6 April 2026

Published 30 October 2024
Last updated 6 November 2024 + show all updates

1. 6 November 2024

   Accessible version of draft legislation has been added.

2. 30 October 2024

   First published.