Latest Business News:
Financial Tools

Capital Gains Tax Tables



  2010/11 (£) 2011/12(£)
Rates of tax
Individuals - up to basic rate limit 18 18%
Individuals - above basic rate limit 18 / 28% 28%
Discretionary and Accumulation & Maintenance Trusts 28% 28%
Interest In Possession Trusts 28% 28%
 
Exemptions
Individuals and most estates 10,100 10,600
Most trusts 5,050 5,300
Chattels (5/3 taxable on excess above) 6,000 6,000
 
Entrepreneurs relief
Up to £10,000,000 (was £5,000,000) 10% 10%
Over £10,000,000 18% 28%