CGT on property (2026/27)
You pay Capital Gains Tax when you sell a residential property that isn't your main home — a second home, buy-to-let or inherited property. The first £3,000 of gains is tax-free; the rest is taxed at 18% (within your basic-rate band) or 24% (above it).
How the rate is decided
Your taxable gain is added on top of your income. The part within your remaining basic-rate band is taxed at 18%; anything above is 24%. Since 30 October 2024, property uses the same 18%/24% rates as other assets.
Example: £40,000 income + £60,000 gain
After the £3,000 allowance, £57,000 is taxable. With £40,000 income, about £10,270 of basic-rate band remains (taxed at 18% = £1,849), and the remaining £46,730 at 24% (£11,215) — a total of roughly £13,064.
Is my main home taxed?
Usually not — Private Residence Relief normally makes your main home exempt. CGT typically applies to additional properties.
Can I deduct costs?
Yes — buying/selling costs and qualifying improvements reduce the gain. Enter your net gain (after costs) above.
More United Kingdom calculators
This calculator provides estimates for the 2026/27 tax year based on published HMRC rates and is for general information only — it is not financial or tax advice. It excludes Private Residence Relief, lettings relief and losses. Report UK residential property CGT within 60 days. See GOV.UK. Source: GOV.UK.