The £3,000 CGT annual exempt amount
Every individual can make £3,000 of gains each tax year free of CGT. It fell from £12,300 in 2022/23 to £6,000 and then £3,000 from April 2024.
Updated for the 2026/27 tax year · Reviewed against HMRC guidance
Per person
£3,000
Couple
£6,000
Carry forward
Not allowed
Use it or lose it
The exempt amount cannot be carried forward. Timing disposals across tax years (exchange date determines the year) can let you use two allowances.
Saving value
£3,000 saves at most £720 for a higher-rate taxpayer (24%) or £540 at 18%.
Frequently asked questions
This guide is general information based on the Taxation of Chargeable Gains Act 1992 and HMRC guidance (including HS283). It is not personal tax advice — for complex cases speak to a qualified tax adviser.