Capital Gains Tax rates
Tax is charged at 10%, 20% and 40% on chargeable gains as if they are additional savings' income up to 5th April 2011.
Tax is charged at a flat rate of 18% from 6th April 2010. |
Indexation allowance is frozen at 5th April 1998. Maximum allowance from 31st March 1982 to 5th April 1998 is 1.047 for individuals |
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2010-11
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2009-10
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Exemptions
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Annual - individual |
£10,100
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£10,100
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- settlement |
£4,600
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£4,600
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Chattels (proceeds per item or set) |
£6,000
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£6,000
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Transfers between husband and wife |
all
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all
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Sale of principal residence |
100%
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100%
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Death |
all
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all
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Enterprise Investment Scheme |
100%
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100%
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Venture Capital Trust |
100%
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100%
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Entrepeneurs' relief - charged at 10% |
£2,000,000
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Rates for individuals
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Starting rate band |
10%
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10%
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Basic rate band |
20%
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20%
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Higher rate band |
40%
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40%
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Trust rate
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40%
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40%
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Taper relief
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Business assets
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Non-
business assets 
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Non-
business
assets
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Years
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%
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%
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%
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%
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less than 1
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100
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100
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100
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100
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1
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50
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100
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50
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100
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2
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45
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100
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25
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100
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3
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45
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95
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25
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95
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4
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45
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90
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25
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90
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5
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45
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85
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25
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85
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6
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45
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80
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25
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80
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7
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45
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75
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25
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75
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8
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45
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70
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25
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70
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9
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45
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65
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25
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65
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10+
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45
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60
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25
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60
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The holding period required to receive maximum taper relief for business assets is two years and for non-business assets is ten years.
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