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Menu of rates »
Capital Gains Tax
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2012/13 and 2011/12 |
| Individuals |
£ |
| Exemption |
10,600 |
| Standard rate |
18% |
| Higher rate* |
28% |
| Trusts |
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| Exemption |
5,300 |
| Rate |
28% |
| *For higher and additional rate taxpayers |
Entrepreneurs’ Relief
For disposals on or after 6 April 2011 the first £10m (£5m for disposals on or after 23 June 2010 and before 6 April 2011) of qualifying gains are charged at 10%. Gains in excess of the limit are charged at the rates detailed above. |
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