Capital Gains Tax (CGT) reform is being led by HMRC and the Office of Tax Simplification to modernise the tax treatment of investment gains, including changes to rates, reliefs for employee ownership trusts, carried interest treatment, and investors' relief. Multiple rate and relief changes are in active development with equality impact assessments underway.
In response to: Capital Gains Tax — Employee Ownership Trusts
This tax impact and information note is about introducing a process by which individuals will make a claim to Incorporation Relief.
This tax information and impact note explains the reduction in relief on disposals to Employee Ownership Trusts.
This measure is about the introduction of a revised tax regime for carried interest.
In response to: Capital Gains Tax: Investors’ relief — lifetime limit reduction
This tax information and impact note explains the reduction in the Investors’ relief lifetime limit announced at Autumn Budget 2024.
In response to: Changes to the rates of Capital Gains Tax
This measure is about changes to the rates of Capital Gains Tax that apply to disposals of assets, other than residential properties and carried interest.
This tax information and impact note is about changes to the taxation of capital gains on assets that have been contributed to a Limited Liability Partnership (LLP) that liquidates.
In response to: Carried interest: rates of Capital Gains Tax
This measure increases the rates of Capital Gains Tax on carried interest.
In response to: Capital Gains Tax: changes to the higher rate of tax on residential property disposals
This tax information and impact notice outlines changes to the higher rate of Capital Gains Tax that is charged on residential property gains from 6 April 2024.
In response to: Capital Gains Tax: disposals of joint interests in land and private residences for limite…
This measure makes changes so that non-domiciled individuals pay tax on value built up on UK company securities in the UK, even when those securities are exchanged for securities in an offshore holding company.
This measure creates a UK-wide level playing field for limited liability partnerships and Scottish Partnerships and was originally announced at Tax Administration and Maintenance Day 2021.
This measure makes changes to the rules that apply to transfers of assets between spouses and civil partners who are in the process of separating.
This measure makes changes so that non-domiciled individuals pay tax on value built up on UK company securities in the UK, even when those securities are exchanged for securities in an offshore holding company.
This tax information and impact note is about reducing the Capital Gains Tax annual exempt amount.
In response to: Capital Gains Tax: disposals of land and residences for limited liability partnerships an…
This measure creates a UK-wide level playing field for limited liability partnerships and Scottish Partnerships and was originally announced at Tax Administration and Maintenance Day 2021.
This measure makes changes to the rules that apply to transfers of assets between spouses and civil partners who are in the process of separating.
This second report considers key practical, technical and administrative Capital Gains Tax issues.
In response to: Capital Gains Tax relief for gifts of business assets
This tax information and impact note is about maintaining the Capital Gains Tax annual exempt amount.
This tax information and impact note is about Capital Gains Tax relief for gifts of business assets.
This new report highlights ways Capital Gains Tax can distort behaviour, and sets out a framework of policy choice about the design of the tax for government.
Details of the scope of the OTS review into Capital Gains Tax are published
This note explains the reduction in the Entrepreneurs’ Relief lifetime limit announced at Budget 2020.
In response to: Changes to the annual exempt amount for Capital Gains Tax for the tax year 2020 to 2021
In response to: Change to the Entrepreneurs' Relief lifetime limit for Capital Gains Tax
This Tax Information and Impact Note is about the increase to the Capital Gains Tax annual exempt amount.
This measure introduces a reduction in the Entrepreneurs' Relief lifetime limit.
This Tax Information and Impact Note is about new rules for the Corporate Tax Corporate Capital Loss Restriction from 1 April 2020.
This measure widens the scope of Capital Gains Tax relief on loans to traders.
This tax information and impact note deals with changes to the taxation of capital gains accruing to non-UK residents.
This measure is about disposals of interest in non-residential UK property and changes to payments on account for Capital Gains Tax to within 30 days of the sale or disposal of a residential property.
This Tax Information and Impact Note is about increasing the Capital Gains Tax (CGT) annual exempt amount for the period 2018 to 2019.
This tax information and impact note deals with the removal of indexation allowance for corporate capital gains announced at Autumn Budget 2017.
This tax information and impact note deals with changes to the carried interest rules for Capital Gains Tax announced at Autumn Budget 2017.
This tax information and impact note deals with changes to capital gains tax where assets are transferred to a non-resident company and share capital is reorganised as announced at Autumn Budget 2017.
This measure deals with changes to the treatment of depreciatory transactions in a group of companies announced at Autumn Budget 2017.
This tax information and impact note allows qualifying investors an exemption from Corporation Tax on qualifying disposals of substantial shareholdings.
This tax information and impact note applies to individuals and trustees who realise gains on shares in a company which invests in a joint venture company.
This tax information and impact note applies to individuals who receive shares under an employee shareholder agreement.
This tax information and impact note applies to individuals who realise gains on a disposal of a private asset, used in a business carried on by their partnership or company when they retire or reduce their participation in their business.
This tax information and impact note applies to individuals considering the acquisition of shares in unlisted trading companies.
This tax information and impact note applies to individuals, trusts and personal representatives who pay Capital Gains Tax.
This applies to individuals (including partners in a firm) who transfer their business to a close company and become or remain a participator in the acquiring company.
This Tax Information and Impact Note is about Entrepreneur`s Relief (ER) and changes to the associated disposal rules.
This Tax Information and Inmpact Note amends Section 45 of the Taxation of Chargeable Gains Act 1992 about the Capital Gains Tax (CGT) exemption for gains accrued on the disposal of certain wasting assets.
This Tax Information and Impact Note will deny Entrepreneurs Relief (ER) on disposals of shares in a company that is not a trading company in its own right.