CGT receipts dip but fiscal drag to drive 'sustained increase'

The 15.2% dip follows receipts for the 2025 – 2026 tax year reaching a record annual total of £22.2bn, surpassing the previous record of £16.9bn in 2022-23 and the £13.7bn through the comparative period in 2024-25. With CGT receipts down nearly £30m from receipts in April 2025, FSL tax reporting analyst Alex Ranahan questioned: "Is this an early sign that the revenue raised from changes to the CGT regime has had its peak?" Ranahan highlighted last month's receipts saw the highest monthly amount from penalties in the last 10 years. "By contrast, this month's receipts saw one of the ...