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All taxes

Tax 8 of 8

Capital Gains & Wealth Taxes

Monthly

£1.1bn

Share of receipts

1.7%

Per household

£36

Per person

£16

Trend

+£0.3bn (38%) since 2019

Data sourcesHMRC — Tax receipts and National Insurance contributionsHMRC APIs (api.gov.uk)ONS — Public sector finances, UKONS Statistics API (api.gov.uk)
exact ONS/HMRC/MHCLG/PSS fields

How it is charged

  • Annual exempt amount

  • Property surcharge

  • Nil-rate bands

Around 350,000 people pay CGT each year; fewer than 5% of estates pay Inheritance Tax.

Inside the £1.1bn

Data sourcesHMRC — Tax receipts and National Insurance contributionsHMRC APIs (api.gov.uk)ONS — Public sector finances, UKONS Statistics API (api.gov.uk)
exact ONS/HMRC/MHCLG/PSS fields

Capital Gains Tax

£0.7bn

63.6% · £23/household

  • Shares
  • Second properties
  • Business sales

Inheritance Tax

£0.4bn

36.4% · £13/household

  • Estates above £325,000

CGT receipts are highly concentrated — a few thousand disposals drive most of the total.

Inheritance Tax raises under 1% of all receipts but generates outsized debate.

Frozen thresholds mean both taxes grow without any rate change.

Sources

Financial year 2024/25.