Capital Gains Tax receipts fall as government policy backfires
Original Article Summary
The government received 8.4% less in Capital Gains Tax receipts in 2025 despite tax rises, HM Revenue and Customs data has found. The annual exemption from the tax has risen from £12,300 in 2022/23 to £3,000 in 2024/25. In the October 2024 Budget meanwhile the lower rate of Capital Gains Tax was raised from 10% […] The post Capital Gains Tax receipts fall as government policy backfires appeared first on PropertyWire.
PropMatch Curated Analysis
Government CGT receipts fell 8.4% despite raising rates and cutting exemptions, as investors defer disposals to avoid higher taxes. This demonstrates how aggressive tax policy can reduce rather than increase government revenue.
Investor Relevance
Critical for exit timing decisions and portfolio strategy. Shows that government tax policy is counterproductive, potentially creating opportunities for patient investors while highlighting the importance of tax-efficient disposal strategies.
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