How to reduce your Capital Gains Tax bill in 2025

A combination of rising rates and panic ahead of the current government’s first Autumn Budget has led to HRMC collecting a record amount in Capital Gains Tax (CGT) towards the end of 2024.

According to a report in the Telegraph, between July and November 2024, CGT generated more than £1 billion for the government – more than a £200 million increase when compared to the same period in 2023.

The rise in CGT has been associated with uncertainty in the lead-up to the government’s Autumn Budget. Speculation that tax rates would rise sharply, and tax breaks would be cut, led to some investors, who worried they might face a much larger tax bill if they delayed decisions, selling assets.

As CGT is a tax that’s paid on the profit you make when selling certain