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

Up 42% from previous year

Julia Bahr
clock • 4 min read

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 came from those who made gains of £5m or more, it said. This group represents less than 1% of CGT taxpayers each year. The data also showed that in the 2020/21 tax year, as income and size of gain increased, the number of individual taxpayers decreased. In that year, 47% of gains for CGT-liable individuals came from the 13% of individuals with taxable incomes above £150,000, the additional rat...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

Tony Müdd: The chancellor has fewer choices than you think

Tony Müdd: The chancellor has fewer choices than you think

'Do not sell an asset simply because newspapers have rediscovered CGT'

Tony Müdd
clock 03 September 2026 • 5 min read
Warnings of tight timetable as HMRC sets out pension IHT process

Warnings of tight timetable as HMRC sets out pension IHT process

‘A very short timescale for such a significant change’

Isabel Baxter
clock 01 September 2026 • 4 min read
News editor's view: The IHT effect

News editor's view: The IHT effect

The news editor's Friday Night Takeaway from 28 August

Isabel Baxter
clock 28 August 2026 • 3 min read