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Capital gains tax

Use this basic calculator to estimate your capital gains tax liability.

Total gains subject to capital gains tax in 2020/21

The above result is, as indicated above only, a first check. If you have a liability we strongly recommend that you contact us. It is our role to ensure you minimise your tax liability.

If you are a higher-rate or additional-rate taxpayer your gain will be taxed at 28%. For individuals where total income and gains are less than the upper limit of the income tax basic-rate band the liability on the gain will be calculated at 18%. This calculator enables you to calculate an initial liability to capital gains tax, but does not take into account a situation where a portion of the gain is taxable at 18% and a portion at 28%.

Entrepreneurs' relief

The lifetime limit on qualifying disposals eligible for the 10% tax rate is reduced from £10m to £1m for disposals made on or after 11 March 2020.

In calculating the gain you may deduct certain costs. Please contact us to discuss your options for minimising your capital gains tax liability.