More possible LANDLORD MISERY: Gov mulls further hike in Capital Gains Tax

 

More possible LANDLORD MISERY: Gov mulls further hike in Capital Gains Tax

Rumours are circulating in the corridors of power that the Government is considering a further hike in Capital Gains Tax “to put it on an equal footing with income tax”.

It is understood that the proposal comes from two particular groups, the Labour Growth Group and the Good Growth Foundation.  More details are likely to be published after the May local elections.

This is how it might work:

For the current tax year Capital Gains Tax (CGT) for landlords selling residential property is charged at two main rates based on your total income: 18% for basic rate taxpayers and 24% for higher or additional rate taxpayers. 

If CGT were put "on the same basis as income tax," it would mean your capital gains would be taxed at your marginal income tax rates (20%, 40%, or 45%), significantly increasing the tax bill for most landlords.

Jm April 13th 2026.

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