Tax-free allowances for Capital Gains Tax
Annual Exempt Amounts per Customer group
2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
Individuals, personal representatives and trustees for disabled people
£10,100 £10,600 £10,600 £10,900 £11,000 £11,100
Other trustees
£5,050 £5,300 £5,300 £5,450 £5,500 £5,550
Rates for Capital Gains Tax
2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
The following Capital Gains Tax rates apply:
2010-11
For gains on or before 22 June 2010 Capital Gains Tax is charged at a flat rate of 18 per cent.
For capital gains made from 23 June 2010 to 5 April 2011 The following Capital Gains Tax rates apply to gains after this date:
2009-10 and 2008-09 Capital Gains Tax is charged at a flat rate of 18 per cent.
Annual Exempt Amounts per Customer group
2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
Individuals, personal representatives and trustees for disabled people
£10,100 £10,600 £10,600 £10,900 £11,000 £11,100
Other trustees
£5,050 £5,300 £5,300 £5,450 £5,500 £5,550
Rates for Capital Gains Tax
2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
The following Capital Gains Tax rates apply:
- 18 per cent and 28 per cent tax rates for individuals (the tax-rate you use depends on the total amount of your taxable income, so you need to work this out first )
- 28 per cent for trustees or for personal representatives of someone who has died
- 10 per cent for gains qualifying for Entrepreneurs' Relief
2010-11
For gains on or before 22 June 2010 Capital Gains Tax is charged at a flat rate of 18 per cent.
For capital gains made from 23 June 2010 to 5 April 2011 The following Capital Gains Tax rates apply to gains after this date:
- 18 per cent and 28 per cent tax rates for individuals (the tax rate you use depends on the total amount of your taxable income, so you need to work this out first )
- 28 per cent for trustees or for personal representatives of someone who has died
- 10 per cent for gains qualifying for Entrepreneurs' Relief
2009-10 and 2008-09 Capital Gains Tax is charged at a flat rate of 18 per cent.