Latest CGT news focuses on UK changes announced in late 2024–2025 and ongoing consultations. For precise, up-to-date details, here are the most relevant recent developments and reliable sources:
- Main CGT rate changes effective from 30 October 2024: lower rate up to 18% and higher rate up to 24% (applies to most disposals), with BADR/investors’ relief adjustments progressing over 2025–2026. This is from ICAEW’s summary of Budget changes.[3]
- Changes to reliefs and anti-avoidance: incorporation relief to be claimed rather than automatic from 6 April 2026; tightened rules on non-resident CGT and share reorganisations. These adjustments are part of the broader CGT package accompanying the Budget.[3]
- EOT-related CGT relief revised: relief on disposals to employee ownership trusts (EOTs) reduced from 100% to 50% with immediate effect (26 November 2025), impacting how gains for disposers are treated; remaining 50% can be held over.[1]
- Budget rumours and discussions (late 2024): reports about potential further CGT rate changes, expansions of CGT to death-triggered gains, and possible “exit tax” concepts; these remained rumours at the time but highlight policy direction discussions.[2]
Why this matters:
- If you’re a UK resident with capital gains considerations, planning around the timing of disposals, reliefs (BADR, investors’ relief), and potential changes to reliefs and anti-avoidance provisions could materially affect tax outcomes.[1][3]
- Non-UK residents or entities with cross-border structures should review new non-resident CGT rules and possible changes to company reorganisations.[1][3]
If you’d like, I can:
- Narrow to your country (UK vs other jurisdictions) and specific asset types (shares, business disposals, EOT transfers).
- Summarize the current-year CGT rates, reliefs, and thresholds applicable to your situation.
- Create a quick checklist of actions to consider before key dates (e.g., 6 April 2026 for incorporation relief changes).
Would you like a country-specific CGT snapshot and a personalized action list? If you have a rough outline of disposals or assets, share them and I’ll tailor the guidance.
Citations:
- UK CGT rate changes and reliefs overview (ICAEW).[3]
- Budget rumours around CGT and related measures (Tax Institute summary).[2]
- EOT relief changes and related CGT adjustments (ICAEW).[1]
Sources
The Chancellor announced a number of changes to capital gains tax (CGT), inheritance tax (IHT) and the residence-based tax regime , including a change in the rules for disposals to employee ownership trusts (EOTs), effective immediately.
www.icaew.comFrom 30 October 2024, the main rates of capital gains tax (CGT) will be increased to 18% and 24%. The 10% rate of CGT for disposals attracting business asset disposal relief (BADR) will increase to 14% (from April 2025) and to 18% (from April 2026).
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