Capital gains tax calculator Scotland
Capital gains tax calculator Scotland: enter a disposal below and the calculator works out the charge the way it does for any UK taxpayer, because that is what the law does too. Capital gains tax is reserved to Westminster. There is no separate Scottish CGT, no Scottish capital gains rates and no Scottish exempt amount.
Scotland sets its own income tax and its own property transaction tax, and both matter to Scottish households. Neither one is capital gains tax, and neither one sets a capital gains rate. A flat in Glasgow and a flat in Manchester with the same gain, the same costs and the same income carry the same charge to the pound.
Reserved, not devolved
One charge: 18% and 24%, £3,000, everywhere
The Scottish Parliament sets income tax rates on Scottish taxpayers' non-savings income, and it sets Land and Buildings Transaction Tax on Scottish property purchases. Capital gains tax sits outside both. It is a reserved matter, charged on the same terms in all four nations.
The figures are the UK figures. A chargeable gain is taxed at 18% where it fits your unused basic-rate band and 24% above it, after capital losses and then the £3,000 annual exempt amount. The sale date picks the tax year and the rate pair, and the deadline for reporting a residential property disposal is the same 60 days of completion everywhere.
The charge for 2026/27 disposals, UK-wide
| Piece of the charge | Figure |
|---|---|
| Rates for individuals | 18% and 24% |
| Annual exempt amount | £3,000 |
| Basic-rate band the gain can fill | £37,700 |
| Scottish variation of any of these | none |
The band question
Scottish income tax and the 18% slice
Scottish income-tax bands run at different points from the UK ones, so a Scottish taxpayer is often a higher-rate taxpayer at a lower income. That difference is real for income tax. It does not travel into the capital gains computation.
The statute that splits a gain between 18% and 24% works the band test as if the seller were not a Scottish taxpayer: TCGA 1992 s 1J(6) says the band allocation assumes exactly that. So the UK basic-rate band of £37,700 sets how much gain pays 18% for every UK resident, and this calculator applies that same rule. A Scottish taxpayer needs no adjustment to the figure it shows.
The band test reads total income after the personal allowance, and the personal allowance itself is the UK one. If your income is above the band, the whole chargeable gain pays 24%, wherever in the UK you live.
Worked example
A Glasgow buy-to-let: £50,000 gain, £11,280 of CGT
You buy a flat in Glasgow for £150,000 on 1 March 2019 and sell it for £200,000 on 15 September 2026. It was let throughout, so it is a residential property disposal with no residence relief. The gain is £50,000.
The computation is the UK computation. The £3,000 annual exempt amount comes off, leaving £47,000 chargeable. Your income of £58,000 is above the basic-rate band of £37,700, so the whole chargeable gain pays 24%. The tax is £11,280, the same figure the calculator would produce for an identical sale in Birmingham.
The purchase in 2019 paid Land and Buildings Transaction Tax, Scotland's tax on buying property. That was a transaction tax charged at completion, not a capital gains matter, and it does not appear in the gain. Selling at a gain is what brings CGT, and the calculator above prices exactly that.
One Glasgow flat in 2026/27, UK computation
| Step | Amount |
|---|---|
| Sale proceeds | £200,000 |
| Purchase price | £150,000 |
| Capital gain | £50,000 |
| Annual exempt amount | −£3,000 |
| Chargeable at 24%, income £58,000 | £47,000 |
| Tax on the disposal | £11,280 |
Questions
Frequently asked questions
Is capital gains tax different in Scotland?
No. Capital gains tax is reserved and UK-wide. Scottish taxpayers pay the same 18% and 24% rates and get the same £3,000 annual exempt amount.
Do Scottish income tax rates change the CGT I pay?
No. The band test that decides how much gain pays the lower rate is run as if you were not a Scottish taxpayer, by TCGA 1992 s 1J(6). The UK basic-rate band sets the split for every UK resident, and the calculator applies that rule.
What is Land and Buildings Transaction Tax?
Scotland's tax on property transactions, charged when you buy. It runs instead of Stamp Duty Land Tax in Scotland, and it is separate from capital gains tax, which applies when you later sell at a gain.
Does the annual exempt amount apply in Scotland?
Yes, and it is the same figure: £3,000 per individual per tax year, covering all chargeable gains together, UK-wide.
Does a Scottish taxpayer enter anything different in the calculator?
No. The rows are the same: dates, prices, fees, the income figure. The engine runs the UK computation the statute prescribes for every UK resident, Scottish taxpayers included.
Sources
Where these figures come from
Also on capitalgainstax.net