Understanding Capital Gains Tax (CGT) is essential when selling assets like property, shares, or investments, as it directly impacts your profits. With careful planning—from utilising annual exemptions (£3,000 in 2024/25) to offsetting losses or claiming reliefs (e.g., Private Residence Relief)—you can significantly reduce your tax bill. Our expert guide breaks down CGT rates (10%-24% for individuals, 20% for businesses), key deadlines, and legal strategies to keep more of your gains while staying compliant with HMRC.