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Capital Gains Tax Experts
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UK Property CGT Specialists

Property Capital Gains Tax — Expert UK CGT Advice for Property Owners

Specialist CGT advice for landlords, property investors, developers and executors across the UK. We calculate your liability, maximise every available relief, and handle HMRC reporting — saving you thousands legally.

Get Free Consultation +44 (0)1204 859315
HMRC Compliant
ACCA
2026/27 Tax Rates
Manchester & Nationwide
Same-Day Consultation
Understanding Your Liability

What Is Capital Gains Tax on Property?

Capital Gains Tax (CGT) on property is charged on the profit you make when you sell or dispose of a UK property that has increased in value. HMRC applies CGT to buy-to-let properties, second homes, inherited properties, and any property that is not your main residence.

For the 2026/27 tax year, residential property CGT rates are 18% for basic rate taxpayers and 24% for higher rate taxpayers. Every UK taxpayer has an Annual Exempt Amount of £3,000 before any CGT is payable.

At Capital Gains Tax Experts, our specialist CGT accountants in Manchester and across the UK provide expert advice for landlords, developers, investors, and executors — ensuring you never overpay a penny in tax.

2026/27 Property CGT Rates

Basic Rate Taxpayer18%
Higher / Additional Rate24%
Annual Exempt Amount£3,000
PPR Relief (main home)100% Exempt
Final Period Exemption9 Months
Letting Relief Max£40,000
HMRC Reporting Window60 Days
Our Property CGT Services

Everything You Need to Minimise Your CGT Bill

Buy-to-Let CGT Advice

Expert CGT calculations for landlords selling rental properties. We identify all allowable expenses, reliefs, and losses to reduce your tax bill to the legal minimum.

Private Residence Relief

Maximise your PPR relief if you've ever lived in the property. We calculate the exact exempt fraction and ensure the final 9-month exemption is correctly claimed.

60-Day HMRC Reporting

HMRC requires CGT on UK property to be reported and paid within 60 days of completion. We handle the full UK Property Return filing on your behalf, accurately and on time.

Inherited Property CGT

When you sell an inherited property, CGT is calculated from the probate value. We ensure the correct base cost is used, all reliefs applied, and HMRC notified correctly.

Development & Land Tax

Tax planning for property developers and landowners. We advise on CGT versus income tax treatment and maximise your after-tax position before you sell.

Divorce & Separation CGT

Transferring property on separation has specific CGT rules. We advise on timing to use the no-gain/no-loss window and minimise tax exposure for both parties.

Reduce Your CGT Bill Legally

Allowable Costs & Reliefs We Claim

Allowable Costs & Deductions

  • Original purchase price and stamp duty paid on acquisition
  • Legal and conveyancing fees on both purchase and sale
  • Estate agent and auctioneer fees paid on disposal
  • Capital improvement costs — extensions, conversions, loft rooms
  • Private Residence Relief (PPR) for all periods of occupation
  • Final 9-month exemption period on any property used as main home
  • Annual Exempt Amount (£3,000 per person in 2026/27)
  • Capital losses from other asset disposals in the same tax year
  • Brought-forward losses from prior tax years
  • Letting Relief for former main residences that were rented out

Key Reliefs Available

  • Private Residence Relief — completely exempts gains during main residence periods
  • Letting Relief — up to £40,000 reduction for former main residences that were let
  • Spouse / Civil Partner transfers — no-gain/no-loss, no CGT payable on transfer
  • No-gain/no-loss window — extended to 3 years on separation for divorcing couples
  • Charitable gifts — certain gifts to registered charities are CGT-exempt
  • EIS / SEIS Deferral — defer gains by reinvesting in qualifying EIS companies
  • Loss Relief — capital losses offset against gains, reducing taxable amount
  • Annual Exempt Amount — £3,000 per individual, £6,000 for couples using both
Our Process

How We Handle Your Property CGT

1

Free Consultation

Discuss your property situation with our CGT specialists. We assess your position and identify the best strategy from the very first conversation.

2

Full CGT Calculation

We calculate your exact CGT liability, identifying every allowable cost, deduction, relief, and exemption available to legally minimise your tax bill.

3

HMRC Filing

We handle your 60-day UK Property Return or Self Assessment filing, ensuring accuracy, correct relief claims, and full HMRC compliance throughout.

4

Payment Guidance

We advise on the exact payment deadline and amount due, helping you plan cashflow requirements and avoid late payment penalties from HMRC.

Who We Work With

Property CGT Advice for Every Situation

Landlords & Investors

Selling buy-to-let properties or an entire portfolio. We calculate the most tax-efficient disposal strategy, timing each sale to minimise your total CGT liability.

Executors & Beneficiaries

Managing inherited property sales. We calculate CGT from probate value, apply all available reliefs, and handle estate-related HMRC reporting correctly.

Developers & Landowners

Land disposals, plot sales, and development profit. We advise on CGT versus income tax treatment and identify all legitimate planning opportunities.

Separating Couples

Divorce and separation property transfers require careful timing. We maximise the no-gain/no-loss window and ensure both parties benefit from all allowances.

Non-UK Residents

Non-residents selling UK property face specific NRCGT rules and a 60-day reporting obligation. We handle the full filing and ensure compliance with HMRC.

Companies & Trusts

Corporate property disposals and trust CGT have unique rules. We handle the full complexity of non-individual taxpayer CGT obligations end to end.

Frequently Asked Questions

Property CGT — Your Questions Answered

Do I pay Capital Gains Tax when I sell my main home?›
In most cases, no. Your main home is protected by Private Residence Relief (PPR), which exempts your entire gain from CGT provided you've lived there throughout the period of ownership. However, if you've rented the property out, used part of it for business, or owned other properties at the same time, partial CGT may apply. There is also a final 9-month exemption period even if you've moved out. Our specialists will confirm whether PPR fully covers your situation before you sell.
How long do I have to report and pay CGT on property?›
HMRC requires you to report and pay CGT on UK residential property within 60 days of completion, through a UK Property Return submitted online. Missing this deadline triggers automatic penalties and interest — even if you also declare the gain on your Self Assessment return. We handle the 60-day filing on your behalf to ensure you're compliant and avoid unnecessary penalties from HMRC.
What is the Capital Gains Tax rate on property in 2026/27?›
For 2026/27, residential property CGT rates are 18% for basic rate taxpayers and 24% for higher and additional rate taxpayers. Gains that fall within your basic rate band are taxed at 18%, with any excess at 24%. Every individual also has a £3,000 Annual Exempt Amount before any CGT is payable. We calculate your exact rate based on your specific tax position and all available reliefs.
Can I reduce my CGT by claiming property improvement costs?›
Yes — capital improvement expenditure (extensions, loft conversions, structural work) can be deducted from your gain, reducing your CGT. However, routine maintenance and repairs are NOT allowable — only works that genuinely enhance the property's value qualify. Keeping detailed records of all capital improvement costs is essential. Our team identifies every legitimate deduction to ensure you never overpay CGT to HMRC.
Do I have to pay CGT if I give a property away?›
Yes — gifting a property to someone other than your spouse or civil partner is treated as a disposal at market value for CGT purposes. You may have a CGT liability even if you receive no money. Transfers between spouses or civil partners are on a no-gain/no-loss basis — no CGT is triggered. Our specialists advise on the most tax-efficient way to transfer property, whether through gifting, trust placement, or staged disposal.
How do I report property CGT to HMRC?›
For UK residential property, file a UK Property Return through HMRC's online service within 60 days of completion and pay the estimated CGT at the same time. You must also declare the disposal on your annual Self Assessment return. Our team handles the entire process — calculating your liability, filing both the 60-day return and Self Assessment, and ensuring every available relief is correctly claimed throughout.

Ready to Minimise Your Property CGT?

Our specialist CGT accountants in Manchester and across the UK provide expert, personalised advice. Free initial consultation available.

Get Free Consultation +44 (0)1204 859315
Tax Disclaimer: The information on this page is for general guidance only and does not constitute personalised tax advice. CGT rates, reliefs, and rules are based on 2026/27 HMRC guidelines and are subject to change. Property CGT is complex — the interaction of PPR relief, letting relief, and annual exempt amounts requires specialist professional advice. Always seek qualified professional advice before making any tax decisions. Capital Gains Tax Expert is a trading name of Cangaf Ltd, a UK-registered accountancy practice. We are not regulated by the FCA for investment advice.
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