Capital Gains Tax on a £231,000 Gain
CGT depends on your other income, since a gain is taxed as the top slice of your total income (before the Annual Exempt Amount is applied). Here's what a £231,000 gain would cost at a couple of income levels, assuming no allowable costs or losses.
| Scenario | Capital Gains Tax | Net Profit |
|---|---|---|
| Basic rate earner£30,000 other income | £53,504 | £177,496 |
| Higher rate earner£60,000 other income | £54,720 | £176,280 |
Check your own figures
Add your actual purchase price, costs and any losses using the full calculator below.
Asset type
Region
Region only affects tax on your other income. Capital Gains Tax rates and bands are UK-wide.
Used to work out how much of the basic rate band is left for your gain
Capital Gains Tax
Estimated CGT
£5,324
Rate breakdown
Annual Exempt Amount: £3,000. This doesn't account for relief on a main home (Private Residence Relief) or Business Asset Disposal Relief - figures use published 2026/27 rates and are estimates for general guidance only, so check your exact position with HMRC or a qualified adviser.
Why the tax due varies
The first £3,000 of gains each year is covered by the Annual Exempt Amount. Above that, the rate depends on which Income Tax band your total income (other income plus the taxable gain) falls into - 18% within your remaining basic rate band, 24% above it.
Other gain amounts
Have costs or losses to include?
Use the full calculator for an accurate figure.