Capital Gains Tax 2016/17

Capital Gains Tax

	2016/17** £	2015/16 £
Individuals
Exemption	11,100	11,100
Standard rate	10%	18%
Higher rate*	20%	28%
Trusts
Exemption	5,550	5,550
Rate	20%	28%
For higher and additional rate taxpayers. *Higher rates may apply to the disposal of certain residential property.
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.