Capital Gains Tax Annual Exempt Amount Tracker
The CGT annual exempt amount is £3,000 for 2025/26 (reduced from £12,300 in 2022/23). Enter up to 6 disposals to see your total gains and CGT liability.
Frequently Asked Questions
What is the CGT annual exempt amount for 2025/26?
The Capital Gains Tax annual exempt amount (AEA) is £3,000 for 2025/26. This was reduced from £6,000 in 2023/24, £12,300 in 2022/23. Each individual has their own AEA — couples can benefit from £6,000 combined.
What are the CGT rates from October 2024?
Following the Autumn Budget 2024, CGT rates increased: 18% (basic rate, non-residential assets), 24% (higher/additional rate, non-residential), 18%/24% (residential property for basic/higher rate taxpayers). BADR remains at 10%.
What is the CGT annual exempt amount used for?
The AEA reduces your taxable gain before applying CGT rates. It cannot be carried forward or transferred — any unused AEA is wasted at the end of the tax year on 5 April.
How do capital losses work against CGT?
Current year losses are deducted from current year gains before the AEA. Brought forward losses are only used to reduce gains to the level of the AEA — you don't use BF losses to reduce taxable gains below the AEA unnecessarily.
When must CGT be reported and paid?
For UK residential property, CGT must be reported and paid within 60 days of completion. For all other assets, CGT is reported on Self Assessment with a deadline of 31 January following the tax year.
Can I transfer assets to my spouse to use their AEA?
Yes. Transfers between spouses and civil partners are at no gain/no loss. This means your spouse takes on your original cost, and any subsequent disposal uses their own AEA and CGT rates.
What is Bed & ISA?
Bed & ISA is a strategy where you sell assets to realise gains within your AEA, then immediately repurchase them inside an ISA wrapper. Future gains and income are then sheltered from tax.
Does the AEA apply to crypto gains?
Yes. Cryptocurrency is treated as a capital asset by HMRC. Gains from selling, exchanging, or using crypto are subject to CGT, and the £3,000 AEA applies.
What assets are exempt from CGT?
Main residence (principal private residence relief), ISA/pension investments, UK government gilts, Premium Bonds, betting/lottery winnings, personal possessions under £6,000, and most cars.
What is Business Asset Disposal Relief (BADR)?
BADR (formerly Entrepreneurs' Relief) reduces CGT to 10% on gains from qualifying business disposals — selling a business, shares in an unlisted trading company, or assets used in a business. Lifetime limit is £1 million.
How does CGT interact with income tax?
CGT is calculated after income tax. Non-residential gains that fall in the basic rate band (income + gains ≤ £50,270) are taxed at 18%; gains above that threshold at 24%. This means your income level affects your CGT rate.
Do I need to report CGT if I have no tax to pay?
You do not need to report if all gains are within the AEA. However, if total proceeds exceed 4× the AEA (£12,000 in 2025/26) you must report on Self Assessment even if no tax is due.