Andy Woollon: Are your clients paying too much CGT?

CGT generated £8.38bn for government last year

clock • 3 min read

Andy Woollon outlines seven steps advisers can take to mitigate capital gains tax for clients...

It's often regarded as one of the most underpaid taxes yet capital gains tax (CGT) generated £8.38bn for the government last year - despite the reduction in CGT rates and increase in the annual exemption.  Overall, CGT was 60% higher than IHT receipts, a tax which attracts far more column inches and advice. Over the next five years, receipts are expected to increase by 50% in anticipation of landlords selling, investors taking stockmarket gains and HM Revenue & Custom's tax clampdown.  Yet, it is a tax which has more reliefs and exemptions, than actual chargeable assets, so why do ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

Budget 25: Key takeaways from Autumn Budget 2025

Budget 25: Key takeaways from Autumn Budget 2025

Eight key takeaways

Linus Uhlig
clock 27 November 2025 • 4 min read
Partner Insight: Inheritance Tax, pensions and the waiting game: Conversations to have now

Partner Insight: Inheritance Tax, pensions and the waiting game: Conversations to have now

With Inheritance Tax expanding and pensions coming into scope, now is the time for advisers to engage clients. Discover how to turn uncertainty into opportunity with strategic estate planning conversations.

Nick Priest Partner and Head of Strategic Partnerships, Downing
clock 26 November 2025 • 9 min read
Budget 25: Changes to IHT on pensions rules for personal representatives

Budget 25: Changes to IHT on pensions rules for personal representatives

Will be able to instruct scheme administrators to pay

Isabel Baxter
clock 26 November 2025 • 3 min read