Capital Gains Tax
2026-05-13 · Treasury · 1344 · Official question
Question
To ask the Chancellor of the Exchequer, whether HMRC has provided (a) advice and (b) guidance on whether the payment of non-monetary donations crystallises capital gains tax liability for donors.
Answer
Capital gains tax is charged for a tax year on chargeable gains accruing in the year to a person on the disposal of assets. Donating an asset is classed as being a disposal of it and a gain may accrue at that time. Whether a capital gains tax liability ar...