Housing: Capital Gains Tax
(asked on 23rd July 2026) - View Source
Question to the HM Treasury:
To ask His Majesty's Government what estimate they have made of the revenue implications of ending private residence relief.
This question was answered on 6th August 2026
The estimated cost of private residence relief in the 2025 to 2026 tax year was forecast as £32.9 billion.
The estimated cost of private residence relief from this year and from previous tax years can be found online here: Tax relief statistics (January 2026) - GOV.UK
The estimated cost of this relief does not represent the yield if it were to be abolished, as consequential behavioural effects could substantially reduce yield.