Individuals                              2011-2012                 2010-2011

Annual Exemption                  10'600                      10'100

Chargeable Gains                    18%                           18%

Higher Rate                            28%                           28%

Trusts

Annual Exemption                   5300                          5050

Chargeable %                         18%                           28%

Entrepreneurs Relief

For disposals on or after 6 April 2011 the first £10m (£5m for disposals on /after 23 June 2010 and before 6 April 2011) of qualifying gains are charged at 10%. Gains in excess of the limit are charged at the rates detailed above.