HMRC confirms £27,140 bills for households after Rachel Reeves rule change

NewsCost Of LivingHMRCHMRC has clawed back millions10:08, 13 Jul 2026HMRC has closed 9,800 investigations into capital gains tax non-compliance. HMRC clawed back £266m from CGT as it steps up compliance checks following Labour Party Chancellor Rachel Reeves’s rate increases.‌HMRC closed 9,800 investigations into capital gains tax non-compliance during 2024-25, a Freedom of Information (FOI) request showed.‌It comes after Ms Reeves, the Chancellor, raised both the lower and higher rates of CGT in her first Budget in 2024. According to the FOI, requested by tax consultancy Lubbock Fine, the average amount paid back per investigation was £27,140.‌READ MORE Thousands of renters in England risk losing £367 to their landlordRachael Griffin, of wealth manager Quilter, said: “Far more people now h