CGT revenue falls by 18%

29 Jul 2025

Statistics published by HMRC have revealed that Capital Gains Tax (CGT) revenue fell by 18% in the 2023/24 tax year.

The figures showed that the total CGT liability was £12.1 billion for 378,000 taxpayers, realised on £65.9 billion of gains. HMRC found that the number of CGT taxpayers rose by 1% to 378,000.

In 2023/24, 40% of CGT came from those who made gains of £5 million or more. The statistics showed that this group represents less than 1% of CGT taxpayers each year.

8% of CGT came from disposals that qualified for Business Asset Disposal Relief (BADR), which was claimed by 39,000 taxpayers on £10.3 billion of gains in 2023/24.

Additionally, in the 2024 to 2025 tax year, 163,000 taxpayers filed a CGT on UK Property return, reporting 183,000 disposals and £10.3 billion gains on residential property for a total CGT liability of £2.2 billion.