Capital Gains Tax

 

2016/17

2015/16

Individuals £ £
Exemption 11,100 11,000
Standard rate 10% 18%
Higher rate* 20% 28%
Trusts    
Exemption 5,550 5,550
Rate 20% 28%
*For higher and additional rate taxpayers

Entrepreneurs’ Relief

The first £10m of qualifying gains are charged at 10%. Gains in excess of the limit are charged at the rates detailed above.