When selling property, a basic rate taxpayer will pay 18% capital gains tax, while higher rate and additional rate taxpayers have to pay 28% capital gains tax. If you sell assets that are not property, basic rate taxpayers pay 10%, and higher rate taxpayers pay 20%.
How do I avoid capital gains tax on property UK?
FYI: Luckily, for the majority of homeowners, CGT does NOT apply to the sale of their home. You're only liable to pay CGT on any property that isn't your primary place of residence - i.e. your main home where you have lived for at least 2 years.
How long do you have to keep a property to avoid capital gains tax UK?
28% on your gains from residential property. 20% on your gains from other chargeable assets.