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Remove CGT annual exempt amount uprating and add per-value references #1457

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Merged
nwoodruff-co merged 1 commit into from
Dec 18, 2025
Merged

Remove CGT annual exempt amount uprating and add per-value references #1457

nwoodruff-co merged 1 commit into from
Dec 18, 2025

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@policyengine policyengine bot commented Dec 18, 2025

Summary

Fixes #1084

This PR:

  • Removes the uprating from the CGT annual exempt amount parameter to reflect that it remains fixed at £3,000 from 2024 onwards
  • Adds per-value legislative references to all CGT parameters

Changes Made

Annual Exempt Amount

  • Removed uprating: gov.benefit_uprating_cpi from metadata
  • Added per-value references:
    • 2018: The Capital Gains Tax (Annual Exempt Amount) Order 2018
    • 2019: Finance Act 2019 s. 13 and Sch. 1
    • 2020: The Capital Gains Tax (Annual Exempt Amount) Order 2020
    • 2023: Finance Act 2023 s. 8(2) (already had reference)
    • 2024: Finance Act 2023 s. 8(2) (already had reference)

CGT Rates

Added per-value references to all three rate parameters (basic, higher, additional):

  • 2015: Finance Act 2016 s. 83 (introduced 10%/20% rates from April 2016)
  • 2025: Finance Act 2025 s. 7 (increased to 18%/24% rates)

Testing

  • All YAML files validated successfully
  • Changes are parameter-only (no code changes)

References

🤖 Generated with Claude Code

@PolicyEngine-Bot @claude
Remove CGT annual exempt amount uprating and add per-value references
437238d 
- Remove uprating from annual_exempt_amount.yaml (fixes #1084)
- Annual exempt amount remains at £3,000 from 2024 onwards
- Add per-value legislative references for all CGT parameters:
  - Annual exempt amounts (2018-2020): SI orders and Finance Act 2019
  - CGT rates (2015, 2025): Finance Act 2016 s.83 and Finance Act 2025 s.7

🤖 Generated with [Claude Code](https://claude.com/claude-code)

Co-Authored-By: Claude <noreply@anthropic.com>
@nwoodruff-co nwoodruff-co merged commit d2bc784 into master Dec 18, 2025
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@nwoodruff-co nwoodruff-co deleted the bot/issue-1084 branch December 18, 2025 13:13
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@nwoodruff-co nwoodruff-co nwoodruff-co approved these changes

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Remove uprating from annual exempt amount

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@nwoodruff-co @PolicyEngine-Bot