Capital gains tax receipts have reached a record £22.2bn for the 2025-2026 tax yr, considerably exceeding the earlier peak of £16.9bn recorded in 2022-23.
The newest HMRC information additionally reveals receipts surpassed the £13.7bn recorded over the identical interval in 2024-25 and outperformed the Office for Budget Responsibility’s forecast of £20.3bn set on the Autumn Budget 2025.
In March 2026 alone, CGT receipts totalled £496m, up from £412m in March 2025, reflecting continued upward strain on tax revenues.
Marc Acheson, world wealth specialist at Utmost, mentioned: “The greater CGT charges launched on the Autumn Budget 2024 have introduced in record receipts for the Treasury as extra people have been drawn into the CGT internet, with gains from property gross sales, investments or enterprise disposals exceeding decrease exemptions thresholds.
“With the Government additionally freezing CGT charge thresholds and allowances for a chronic interval, inflationary will increase in asset values will push extra people and companies into greater tax bands.
“As a end result, we’re prone to see a sustained enhance in CGT revenues within the coming years.
“While this may be good news for the Treasury, this record tax burden is not good for the UK’s competitiveness, and it has led to increased demand for financial advice as individuals seek clarity on the implications for their long-term financial planning.”
The Office for Budget Responsibility has since revised its forecast greater, projecting CGT receipts to achieve £27.3bn by the 2029-30 tax yr.
