PropCalcUK CGT on Property🇬🇧
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🇬🇧 United Kingdom · Tax

Taxation

UK Capital Gains Tax Calculator on Property 2025/26

Estimate your CGT liability when selling a UK residential property. Includes Principal Private Residence relief, letting relief, and improvement costs.

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Principal Private Residence Relief (Optional)

Fill in only if the property was your main home for part of the ownership period.

CGT Due

£27,644

Effective Rate

22.7%

Gross Gain£122,000
− Annual Exempt Amount (£3,000)(£3,000)
Taxable Gain£119,000
Basic Rate (18%)£2,749
Higher Rate (24%)£24,895
CGT Due£27,644

How It Works

1

Calculate the Gain

Your gain = Sale Price − Purchase Price − Buying Costs − Selling Costs − Improvement Costs.

2

Principal Private Residence (PPR) Relief

If the property was your main home for part of the ownership period, that proportion of the gain is exempt. The last 9 months of ownership always qualify (even if you moved out).

3

Letting Relief

If you let the property while it was also your main home at some point, you may claim letting relief — the lowest of: the PPR relief amount, the letting gain, or £40,000.

4

Annual Exempt Amount & Tax Rates

The first £3,000 of net gain is exempt (2025/26). Remaining gain is taxed at 18% (basic rate taxpayers) or 24% (higher/additional rate taxpayers) for residential property.

Frequently Asked Questions

About This Calculator

The UK Capital Gains Tax (CGT) Property Calculator helps property owners and investors calculate their exact CGT liability when selling residential or commercial property in the UK. Since April 2016, UK residents selling residential property must report and pay CGT within 60 days of completion. This tool accounts for the annual CGT allowance, basic and higher rate bands, principal private residence relief, and lettings relief to give you an accurate tax estimate.

Methodology Details

1

Enter Property Details

Input the original purchase price, purchase costs (legal fees, stamp duty, improvement costs), and the sale price. The calculator uses these to determine your total gain before any reliefs or allowances.

2

Apply Reliefs and Exemptions

The annual CGT exempt amount (currently £3,000 for 2024/25) is automatically deducted. If the property was your main residence at any point, Principal Private Residence (PPR) relief may reduce your gain significantly.

3

Determine Your Tax Rate

CGT on residential property is taxed at 18% for basic rate taxpayers and 24% for higher/additional rate taxpayers (rates from April 2024). The calculator checks whether your total income plus gain pushes you into the higher rate band.

4

Calculate Lettings Relief

If you let out a property that was also your main residence, you may qualify for lettings relief of up to £40,000. This relief can significantly reduce the taxable gain on mixed-use properties.

5

Review Final Tax Liability

The calculator shows your net gain after all reliefs, the CGT payable, and your effective tax rate. Remember that residential property CGT must be reported and paid within 60 days of completion using HMRC's online service.

Worked Example — Manchester, United Kingdom

For a £260,000 purchase or sale in Manchester, United Kingdom, use current local transfer, legal and tax inputs instead of a national average.

  • Enter the transaction value and the locally applicable acquisition, sale or gain data.
  • Apply the calculator's country-specific tax method and keep municipality or region fields editable where relevant.
  • Verify exemptions, rates and deadlines against the official local authority before signing.

The estimate is educational; a local adviser should confirm the final tax position.

Additional Questions