Updated October 2026 · Fraser Bond
Tax · Selling
Tax when selling property
CGT18% / 24%
PRRmain home
60 daysreport & pay
Costsdeductible
In short: Selling your only or main home is usually free of capital gains tax thanks to private residence relief. Selling a second home or rental can trigger CGT at 18% or 24% on the gain, after the £3,000 annual exempt amount; costs of buying, selling and capital improvements can be deducted. UK residents must report and pay CGT on UK residential property within 60 days of completion. Non-residents also pay CGT on UK property, and companies pay corporation tax on gains.
CGT estimate
Gain–
Estimated CGT–
Ignores reliefs other than the annual exemption.
Frequently asked questions
Keep exploring
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Do I pay tax selling my home?
Usually not, if it was your main home throughout.
When must I pay?
Within 60 days of completion.
