Capital gains tax and inheritance tax

Capital Gains Tax Rates

View the applicable Capital Gains Tax rates for different types of taxpayers and gains.

CGT Allowances

Check the Annual Exempt Amount available for individuals and trustees.

Inheritance Tax Thresholds

View the Nil Rate Band, Residence Nil Rate Band and relevant taper threshold.

Inheritance Tax Rates

Check the rates applying to estates and chargeable lifetime transfers.

Contact UsOur Services

Please get in touch for more detailed and personalised advice

Capital Gains Tax
2026/27
2025/26
Annual Exempt Amount
£12,300
£12,300
Annual Exempt Amount for Trustees
£6,150
£6,150
Basic rate taxpayer
10%
10%
Higher rate taxpayer
20%
20%
Business asset disposals (first £1 million)
10%
10%
Basic rate taxpayer – residential property
18%
10%
Higher rate taxpayer
28%
28%
*Note that the Annual Exempt Amount is set to drop to £3,000 (£1,500 for Trustees) in 2024/25.
Inheritance Tax
Nil Rate Band
£325,000
£325,000
Residence Nil Rate Band
£175,000
£175,000
Taper threshold – Residence Nil Rate Band*
£2,000,000
£2,000,000
Estate rate
40%
40%
Chargeable lifetime transfers
20%
20%

* Residence Nil Rate reduced by £1 for every £2 that estate exceeds this amount.

Update cookies preferences