Capital Gains Tax Calculator
Asset Type
The same 18% and 24% rates have applied to property and shares since 30 October 2024
Purchase & Sale Details
£
£
Quick presets (sale price):
Allowable Costs
Deduct legitimate expenses to reduce your gain
Your Tax Position
CGT rate depends on your income tax band
£
£0Basic Rate (18% CGT)£200k
£
This reduces your remaining £3,000 annual allowance
Capital Gains Tax to Pay
£18,164
Effective rate: 22.70%
Gross Gain£80,000
Net Gain£80,000
Less: Annual Exemption-£3,000
Taxable Gain£77,000
Tax Breakdown
£17,215
18% (Basic Rate)
£5,270 @ 18%
24% (Higher Rate)
£71,730 @ 24%
Joint ownership comparison
If jointly owned, you'd pay £17,444 instead of £18,164.
£720 less on these figures
Joint ownership only helps if the gain is genuinely shared, and transfers between spouses have conditions. Run the calculator once per owner and take advice before changing ownership.
60 Day Reporting Rule
UK property sales must be reported and CGT paid within 60 days of completion.