Written question asked by Baroness Stedman-Scott (Conservative) on Thursday, 23 July 2026, in the House of Lords. It was due for an answer on Thursday, 6 August 2026. It was answered by Lord Pitt-Watson (Labour) on Thursday, 6 August 2026 on behalf of the Treasury.
Housing: Capital Gains Tax
- Question
-
To ask His Majesty's Government what estimate they have made of the revenue implications of ending private residence relief.
- Answer
-
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.
Secondary information
- Type
- Written question
- Reference
- HL2769
- Session
- 2026-27
- Attachment
- Tax relief statistics (January 2026)
- Subjects
- Capital gains tax Housing Tax allowances
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2026-08-06 16:00:51 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2026-27/HL2769
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2026-27/HL2769
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2026-27/HL2769