Written questions, answers and statements

Capital Gains Tax: Reform

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Question for Treasury

UIN 49587, tabled on 30 April 2025

Question

Luke Myer
Labour
Middlesbrough South and East Cleveland
Commons

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

Answer

James Murray
Labour
Ealing North
Commons

Answered on

8 May 2025

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, with lower headline rates than France, Germany and Italy.

Answered by

Treasury
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