Capital gains tax (CGT) receipts reached £168m for May, a 27.6% drop compared to the same period last year.
Last year, CGT receipts stood at £232m. However, this month's figure reveals a £6m increased compared to last month, when £162m was collected. The figures come after a record year for CGT receipts, which reached £22.2bn in 2025/26, significantly surpassing the previous record of £16.9 billion in 2022/23 and the £13.7bn recorded in 2024/25. At the 2025 Autumn Budget, the Office for Budget Responsibility revised up its forecast for CGT receipts to £27.3bn by 2029-30. Utmost senior relationship manager Mark Jephcott noted that although CGT receipts for May were lower than the same mon...
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