Capital Gains Tax

Capital Gains Tax: Individuals and Trustees

2019-20

2018-19

Annual exempt amount

   

Individuals

£12,000

£11,700

Trusts

£6,000

£5,850

Rates

Standard rate taxpayers

10%

10%

Higher rate taxpayers / Trustees

20%

20%

Limit for gains subject to entrepreneurs' Relief

£10,000,000

£10,000,000

Entrepreneurs' Relief rate

10%

10%

Investors' relief lifetime limit

10,000,000

10,000,000

Investors' relief rate 10% 10%

* There is an 8% surcharge on the sale of chargeable residential property and carried interest (the share of profits or gains that is paid to asset managers).

 

Disclaimer
In preparing and maintaining this section of our website every effort has been made to ensure the content is up to date and accurate. However, the law and regulations change continually, and unintentional errors can occur, and the information may be neither up to date nor accurate. We make no representation or warranty (including liability towards third parties), express or implied, as to the accuracy, reliability or completeness of the information on the website. Please don’t act directly on anything you read - contact us first for advice on how it may affect your individual circumstances.

Contact Us

Foster Knight

DC Business centre
10 Charles Wood Road
Rashes Green Industrial Estate
Dereham
Norfolk
NR19 1SX
 
Tel:01362 851718

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