CGT receipts see monthly rise but fall short year-on-year

CGT receipts for the 2026/2027 financial year now stand at £914m, compared with £922m at the same point last year. The latest Office for Budget Responsibility (OBR) forecast expects CGT receipts to rise to £34.9bn by 2030/31, up from £29.8bn in its November 2025 forecast, driven by rising forecast equity prices. Utmost head of UK technical service Simon Martin noted CGT receipts "remain elevated" following a record year for the Treasury. Higher CGT rates introduced at the 2024 Autumn Budget and ongoing fiscal drag continue to bring more taxpayers into the CGT net. With this year...