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).
|
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