Capital Gains Tax

(asked on 12th April 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent assessment he has made of the regional distribution of capital gains in the UK.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 20th April 2021

Capital Gains Tax (CGT) is reserved and applies across the whole of the UK.

In 2018-19, 92.3 percent of CGT liabilities arose in England, 1.6 percent in Wales, 4.6 percent in Scotland and 1.4 percent in Northern Ireland.

The full 2018-19 CGT data on individuals, gains and tax accruals by region is available online: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/908659/Table_5.pdf.

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