What is the CGT on £50k for a higher-rate taxpayer?

£11,280 — (£50,000 − £3,000) × 24%.

Does joint ownership help?

Yes — two allowances reduce the taxable amount to £44,000, saving £720 at 24%.

Yes, the £50,000 is the gain after buying, selling and improvement costs.

How much CGT on a £50,000 gain?

Worked 2026/27 examples for a £50,000 residential property gain after costs, with no PRR.

Updated for the 2026/27 tax year · Reviewed against HMRC guidance

Results

Scenario	Taxable	CGT due
Higher-rate, sole owner	£47,000	£11,280
£30,000 salary, sole owner	£47,000	£10,063.80
Joint, both higher-rate	£44,000	£10,560

Workings for the £30k earner

Taxable income £17,430 leaves £20,270 of basic band. £20,270 × 18% = £3,648.60, plus £26,730 × 24% = £6,415.20.

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.