If you sell shares or investments in the UK, you may need to pay Capital Gains Tax (CGT) on the profit you make. At Money Tax Smart, We can help both UK residents and international investors understand these rules and manage their CGT position.

You only pay tax on the gain, not the full sale price. For individuals, there is an annual CGT allowance of £3,000 (2024/25 tax year). Gains above this are taxed at:

• 10% if you are a basic rate taxpayer

• 20% if you are a higher or additional rate taxpayer (gov.uk)

Certain shares qualify for Business Asset Disposal Relief (BADR), meaning you may pay only 10% CGT on up to £1 million of lifetime gains if conditions are met.

You do not usually pay CGT when selling shares in an ISA or pension, but you do when selling shares outside these wrappers. Foreign investors may also need to report gains on UK company shares, depending on residence and tax treaty rules.

How Money Tax Smart can help:
We can calculate your gains, check if you qualify for reliefs like BADR, and prepare your Self-Assessment return. We also explain how residency and domicile affect share disposals and cross-border tax. Our aim is to help you report correctly and plan to reduce tax wherever possible.