The amount of Capital Gains Tax (CGT) paid in the UK increased by 18 percent in the past year from £7.8 billion to a record high of £9.2 billion, according to HMRC data for the year ended 31 December 2019.

In 2017-18 the figure stood at £8.8 billion, which in turn was a 14 percent increase from the previous year.

This rise is likely partially driven by landlords selling investment properties. Since 2017, the government has phased out tax relief on buy-to-let mortgage interest. It is also set to increase CGT on t...