Petition · HM Treasury

Only apply capital gains tax to gains above the rate of inflation

Open for signatures 46 signatures

What the petition asks

We call on the Government to reform capital gains tax so that it is payable only on the gain above inflation, as we believe it is unreasonable not to take into account inflation.
We believe taxing citizens on the asserted gain in value of an asset caused purely by inflationary effects is completely unreasonable because there is no actual gain. When you are taxed on an asset because it has allegedly risen in value because of the effects of inflation, we feel it unfairly takes away from people as we believe you haven't actually made any gain unless it goes up by more than inflation. We feel it is a totally unreasonable tax in its current form.

Timeline

16 Mar 2026 Petition opened for signatures

Key facts

Signatures 46
Status Open for signatures
Department HM Treasury
Opened 16 Mar 2026

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Source: the official petition page. Last checked 26 Jul 2026.