Capital Gains Tax Calculator
Estimate the capital gains tax due when you sell a UK rental property, after purchase and sale costs, capital improvements and your annual exempt amount.
Gain after costs
£67,000
Taxable gain
£64,000
After the annual exempt amount
Taxed at 18%
£8,270
Taxed at 24%
£55,730
Estimated capital gains tax
£14,863.80
Net gain after tax
£52,136.20
Joint owners are each taxed on their share and each have their own annual exempt amount. Rates and allowances change at each Budget, so confirm the current figures on GOV.UK or with an accountant before you report the disposal.
Frequently asked questions
When do I pay capital gains tax on a rental property?
A UK residential property disposal must be reported and the tax paid through HMRC's UK property account, normally within 60 days of completion, as well as being shown on your Self Assessment return.
What can I deduct from the gain?
The purchase price, stamp duty and legal and survey fees on purchase, estate agent and legal fees on sale, and the cost of capital improvements such as an extension or a new kitchen where it was an improvement rather than a repair.
What rates apply?
Residential property gains are taxed at the higher residential rates rather than the standard rates, and the part of the gain that falls within your remaining basic rate band is taxed at the lower of the two. Rates and the annual exempt amount change, so confirm the current figures before you file.
Does private residence relief apply?
Only if the property was your main home for part of the ownership period. Lettings relief is now very restricted and generally only applies where you shared occupation with the tenant. Take advice if any of this applies.
This calculator gives general estimates for UK private landlords and letting agents, not legal or tax advice. Figures depend on your circumstances and the rules in your part of the UK. Check the detail or take advice before acting.