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Jul 05,  · What is the capital gains tax rate on buy-to-let property? The rate at which you pay CGT following the sale of a buy-to-let property depends on your taxable income. If you’re a basic rate taxpayer with an income of £50, or less, the rate is 18%.

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In the United Kingdom, capital gains tax is imposed on the sale of assets owned by UK residents. This tax is calculated on a “gain” or rise in value in relation to the price of the asset at the time the asset was acquired. To avoid paying capital gains tax, the property you’re living in must be your main residence for the entire time.