Factsheets and Online Resource

Capital Gains Tax

 

2018/19**

2017/18**

Individuals
£
£
Exemption
11,700
11,300
Standard rate
10%
10%
Higher rate*
20%
20%
Trusts
Exemption
5,850
5,650
Rate
20%
20%

*For higher and additional rate taxpayers
** Higher rates (18/28%) may apply to the disposal of certain residential property and carried interest.

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.