How much Capital Gains Tax do I pay when I sell a rental property?

How much Capital Gains Tax do I pay when I sell a rental property? In 2026-27 you pay 18% on the part of your gain within your unused basic rate band and 24% above it, after a £3,000 tax-free allowance. You report and pay within 60 days of completion. 18% on any part of the gain that fits in your unused basic rate band, and 24% on the rest. Higher and additional rate taxpayers pay 24% on the whole taxable gain. Within 60 days of the completion date, using a Capital Gains Tax on UK property account. You may have to pay interest and a penalty if you report or pay late. No. You deduct the costs of buying, selling and improving the property. Normal maintenance such as decorating does not count, and running costs belong in your rental accounts instead. Read the full answer, with every source, at rightotax.co.uk.