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Personal Finance · by An Pham · 2026-10-20

Chancellor says no CGT rise in the Budget, does that change your plans?

bbc.co.uk

The UK Chancellor has rejected calls to raise Capital Gains Tax in the upcoming Budget. A lot of people have been rushing to sell assets or reshuffle investments ahead of Budgets because of CGT rumours, so this might take some of the panic out. Did anyone here make moves in anticipation, and does this change what you'd do now?

44 sparks · 17 comments

Comments

Priya Nair · 12 likes

sold a chunk of my shares a few weeks ago just in case. slightly annoyed now

Piotr Zieliński · 11 likes

to be fair you locked in gains, not the worst outcome

Huy Le · 1 likes

same thing happened to me last year. lesson learned, dont trade on rumours

Sofía Hernández · 10 likes

landlord here, was half expecting a hike. relieved but not counting chickens

Avery Johnson · 1 likes

landlords and CGT, the eternal saga

Ngozi Bello · 2 likes

bed and ISA if you havent already. not financial advice etc

Sophie Gagnon · 0 likes

took me way too long to learn what this even meant

Urban Atlas · 1 likes

'rejects calls to raise' isn't the same as 'promises not to change anything'. read the fine print on budget day

Theo Bennett · 0 likes

yep, allowances and thresholds can shift without the headline rate moving

Priya Nair · 1 likes

the pre budget rumour mill is genuinely bad for markets and people's decision making

Curious Otter · 10 likes

every year people make irreversible moves based on newspaper speculation

Gentle Atlas · 0 likes

just max out your ISA and stop worrying about CGT, works for most normal people

Bilal Raza · 13 likes

until you own a second property, then it's a different story

Pixel Runner · 0 likes

this is the boring correct answer for 90% of people

Elsa Andersson · 0 likes

Money has to come from somewhere, so what gets hit instead?

Angel Reyes · 6 likes

that's the question I'm waiting on too

Priya Nair · 0 likes

my guess is it'll be something less visible