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Property tax

Last updated 11 September 2026 · 2026 to 2027 figures where stated

Capital Gains Tax on property.

A property disposal can create a taxable gain. The calculation depends on the property, ownership, residence, acquisition cost, disposal proceeds and available reliefs.

Calculate the gain

Start with the disposal proceeds, deduct the allowable acquisition and improvement costs, then review selling costs and any available reliefs.

Residential property

Private residence relief and other rules can affect a residential property disposal. The facts and period of ownership should be documented.

Report and pay

Check the current reporting route and deadline for the disposal. Keep completion statements, invoices and evidence for the calculation.

Official sources.

Check the current guidance before you rely on a rate, threshold, deadline or relief.

Need help with a property disposal?

Swift Accountancy can organise the property records and discuss the tax calculation with you.

Discuss a property disposal