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Capital Gains Tax 2014/15
2014/15 |
2013/14 |
|
| Individuals | £ | £ |
| Exemption | 11,000 | 10,900 |
| Standard rate | 18% | 18% |
| Higher rate* | 28% | 28% |
| Trusts | ||
| Exemption | 5,500 | 5,450 |
| Rate | 28% | 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. |
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