Written Question·Treasury·UIN 49587

Capital Gains Tax: Reform

Tabled: 30 April 2025

Answered: 8 May 2025

Named Day

Question

Luke Myer

Labour — Middlesbrough South and East Cleveland

To ask the Chancellor of the Exchequer, what plans she has for reform of Capital Gains Tax.

Answer

James Murray

At Autumn Budget 2024, the Government increased the main CGT rates to 18% and 24%. The new CGT rates strike the right balance between raising revenue to repair the public finances and improve public services, while remaining internationally competitive, w...

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