Capital Gains Tax
|
Capital Gains Tax: Individuals and Trustees |
2015-16 |
2014-15 |
|
Annual exempt amount |
||
|
Individuals |
£11,100 |
£11,000 |
|
Trusts |
£5,550 |
£5,500 |
|
Rates |
||
|
Standard rate taxpayers |
18% |
18% |
|
Higher rate taxpayers / Trustees |
28% |
28% |
|
Limit for gains subject to entrepreneurs' Relief |
£10,000,000 |
£10,000,000 |
|
Entrepreneurs' Relief rate |
10% |
10% |
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