Capital gains tax changes

A summary of the key changes, including new rates from October 2024, April 2025 and April 2026

Guide to... capital gains tax for individuals, sole traders and partnerships

Personal and business capital gains are treated differently, depending on whether you are self-employed (as a sole trader or in a partnership) or trade as a limited company

Ten common tax elections and claims

We look at some of the more common elections and claims that are useful tax planning or compliance tools

Budget 2020

ACCA has a host of webinars and support available to help you and your practice understand Budget 2020

Frequently asked questions on residential buy to let property

Our handy guide will keep you informed on BTL taxation rules

Maximising entrepreneurs’ relief for directors and shareholders

How to maximise entrepreneurs’ relief and reduce your tax bill when establishing a personal company

Part disposal of land and capital gains tax

An overview with examples together with consideration of when an s242 can apply

Changes to the capital gains tax on disposals of UK land and property

Be aware of CGT when disposing of land and property

Could your client be due an SDLT surcharge refund?

A recent tribunal case could open up challenges over other SDLT bills

Tricks and traps of associated disposals

Examining the application of entrepreneurs’ relief to associated disposals

Update on entrepreneurs' relief charges

Alphabet shareholders may benefit from new amendments to the Finance Act

Capital gains and chattels

A refresher on CGT and chattels

CGT loss relief when a taxpayer dies

What to consider when it comes to CGT losses, including worked example

Rollover relief

A 60-second refresher and worked examples

Tax changes affecting buy-to-let properties

Tax changes for holding a rental property as an individual, or in a limited company, will need to be carefully considered by landlords

Finance Bill 2016: Company Distributions Consultation (Comments from ACCA to HMRC)

ACCA is concerned that changes proposed under Finance Bill 2016 could have undesirable consequences on entrepreneurial companies

Tax penalty regime, mitigation, suspension and current developments

HMRC is examining its tax penalty regime. Learn how and have your say.

Finance Bill 2015

A summary of the key provisions included in the Finance Bill 2015 and measures that have an immediate effect.

Double taxation

This page brings together information on double tax treaties in force, along with details of recent changes.

What is FATCA?

FATCA (Foreign Account Tax Compliance Act) is an American provision enacted in March 2010 and aimed at foreign financial institutions. It is part of a larger piece of legislation: Hiring Incentives to Restore Employment Act, designed to ensure that American citizens are fully disclosing their worldwide income to the US Internal Revenue Service.

Clamping down on tax avoidance

The Finance Act 2014 contains a number of measures to minimise tax avoidance.

Tax return white space

The tax return white space is the innocuous looking ‘any other information’ space at box 19 of the main SA100 tax return. It is more important than it looks, as the case of Charlton and Others v HMRC illustrates.

Accrued income scheme

Understanding the accrued income scheme.

Ten common tax elections and claims

How to make claims under common tax elections.

Changes to rollover relief on incorporation from 3 December 2014

Until recently, it has been common for an individual incorporating his business to revalue the goodwill and hold over the relief. Finance Bill 2015 sets out to alter this.

Self-assessment tax return – HMRC useful links.

A list of most relevant HMRC links that includes:How to fill in your tax return, residence, remittance basis etc. notes,Capital gains summary notes, UK property notes, Additional information notes, and many more

Changes to private residence nomination rules.

Finance Bill 2015 will introduce changes in the rules on the nomination of an individual's private residence; the practice commonly known as "flipping".

Tax inquiry closure: HMRC consultation

HMRC consultation Tax enquiries: closure rules proposes a change from the current joint taxpayer/HMRC referral to first tier tribunal by allowing HMRC a right of sole referral.

Draft Finance Bill 2015 published

The government has published the draft 2015 Finance Bill.

Autumn statement highlights

A collection of snippets from the Autumn Statement.

Share matching rules

This worked example looks at the share identification rules that should be followed when there is a disposal of shares in a company, for capital gains tax purposes.

Offshore tax evasion

The government continues its crackdown on those seeking to illegally evade their UK tax liability by using offshore tax shelters.

HMRC withdraws concession on remittance basis

In August changes took effect around how money brought into the UK or used in the UK under a loan facility secured by foreign income or gains is treated.

Jointly owned property and form 17

Guidance on how and when to use form 17 with regards to jointly owned property.

Tax Evasion and Avoidance

Three new consultations have been launched on the subject of tax evasion.

Consultation: Tackling offshore tax evasion

HMRC's Offshore Evasion and Strategy Team has initiated its first consultation documents on tackling offshore tax evasion, which are open for comment until 31 October 2014.

Reasonable excuse

Generally, a 'reasonable excuse' is when some unforeseeable or unusual event beyond somebody's control has prevented that person from filing the return on time. For example: a failure in the HMRC computer system,a serious illness, disability or serious mental health condition has made the taxpayer incapable of filing the tax return etc.

Capital gains tax on property held by non-UK residents

The UK government issued a consultation document in March 2014 on implementing a capital gains tax charge on gains made on UK residential property disposals by non-residents. The charge is expected to take effect from April 2015.

Social investment tax relief

Following a consultation last year, Finance Act 2014 introduces a new form of tax relief onto the statute books, called social investment tax relief.

HMRC’s alternative dispute resolution

HMRC's Alternative Dispute Resolution Service has now been made nationwide and permanent and offers a simpler way of resolving tax disputes.

All change for NNPs and high-value residential property

Taxation of high-value residential property held by non-natural persons extends to properties between £500,000 and £2m.

Budget 2014 and capital gains tax

The main CGT changes arising from the Budget 2014.

Farmers: capital gains tax roll-over relief

New EU legislation was implemented in December 2013 to introduce a new agricultural subsidy, the Basic Payment Scheme.

Venture capital trusts: anti-avoidance

New legislation around VCTs will counter particular forms of share buy-back arrangements.

Residence, domicile and the remittance basis

As business becomes ever more global and the workforce more mobile, accountants will often need to consider issues such as residence, domicile and the remittance basis: issues that would have been much rarer just a generation ago.

Compensation and damages 

HMRC have introduced changes to Extra Statutory Concession D33 (Capital Gains Tax on compensation and damages).

Private residence relief - Reduction of relief

The final period of private residence relief will be reduced from 6 April 2014.

Trading losses and how to utilise them

A review of how trading losses may be utilised for tax purposes.

Capital gains tax on property leases

[29/10/2013] The income and capital gains tax treatment for property leases can be complex and it is worth while considering the basic rules.

Applying capital gains tax in divorce cases

[12/09/2013] Divorce often results in the transfer of assets between spouses. Understand how and when CGT applies.