CGT receipts for 2020/21 reach record £14.3bn - HRMC data

Up 42% from previous year

clock • 4 min read
In the 2020 /2021 tax year, 45% of CGT came from those who made gains of £5 million or more, HRMC said
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In the 2020 /2021 tax year, 45% of CGT came from those who made gains of £5 million or more, HRMC said

Capital gains tax (CGT) receipts for tax year 2020/21, released by HM Revenue & Customs (HRMC), have reached their highest ever level of £14.3bn.

This represents a 42% rise from 2019/20 when it was £10.06bn. Most CGT comes from the small number of taxpayers who make the largest gains, according to HRMC. In the 2020/21 tax year, 45% of CGT...

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