Changes to the rates of Capital Gains Tax

This measure increases: 

• the main rates of Capital Gains Tax from 10% and 20%, that apply to assets other than residential property and carried interest, to 18% and 24% respectively for disposals made on or after 30 October 2024

• the main rate of Capital Gains Tax that applies to trustees and personal representatives from 20% to 24% for disposals made on or after 30 October 2024

• the rate of Capital Gains Tax that applies to Business Asset Disposal Relief and Investors’ Relief is increasing to 14% for disposals made on or after 6 April 2025 and from 14% to 18% for disposals made on or after 6 April 2026