CGT rates and bands for 2026/27
Residential property gains are taxed at 18% or 24% depending on how much of your basic rate band remains after your taxable income.
Updated for the 2026/27 tax year · Reviewed against HMRC guidance
Basic rate
18%
Higher rate
24%
Annual exempt amount
£3,000
2026/27 figures
| Item | 2026/27 |
|---|---|
| Personal allowance | £12,570 (tapered above £100,000) |
| Basic rate band | £37,700 |
| Residential CGT — basic | 18% |
| Residential CGT — higher/additional | 24% |
| Annual exempt amount | £3,000 |
| Trustees/PRs | 24%, £1,500 / £3,000 |
How the bands interact
Taxable income uses up the basic rate band first. The gain (after exempt amount and losses) fills whatever is left at 18%, then the remainder is at 24%. Pension contributions and Gift Aid extend the band.
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.