Capital Gains Tax: Exemptions
Commons · Question 12868 · Tabled 24 Jun 2026 · Treasury · Official record
Answered 30 Jun 2026
Question
Asked by Pippa Heylings
To ask the Chancellor of the Exchequer, what recent assessment she has made of the adequacy of the annual exempt amount for Capital Gains Tax for individuals in supporting small investors and households; and whether she plans to review that threshold.
Answer
Answered by Dan Tomlinson, 30 Jun 2026
The Annual Exempt Amount (AEA) for Capital Gains Tax (CGT) is £3,000 for individuals and £1,500 for most trustees. In 2022, the previous Government reduced this from £12,300 (£6,150 for most trusts) to the current level, phased in over two tax years. The ...