# What is the Capital Gains Tax allowance for 2026/27?

> Quick answer · Last updated 6 April 2026

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## In short

£3,000 per person. Above that, gains on shares and second property are taxed at 18% (basic-rate) or 24% (higher-rate).

The annual exempt amount for Capital Gains Tax in 2026/27 is £3,000 per person. It was cut from £12,300 in 2022/23 down to £6,000 in 2023/24 and £3,000 in 2024/25, and has remained at £3,000 since.

Gains above the allowance are taxed at 18% (basic-rate) or 24% (higher- and additional-rate). From 30 October 2024 the rates on shares were aligned with the rates on residential property.

Gains inside an ISA, a SIPP or your main home (under Private Residence Relief) are exempt from CGT entirely.

## Related

- [Capital Gains Tax calculator](https://moneyguide.org.uk/tools/capital-gains-tax-calculator/)
- [Investing guide](https://moneyguide.org.uk/investing/)

## Primary source

gov.uk/capital-gains-tax

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Independent UK money guidance from [Money Guide](https://moneyguide.org.uk). Information only — not regulated financial advice.