Capital Gains Tax

Tax year 2017/2018

Individuals

Individuals2017-182016-172015-162014-152013-14
Annual Exemption£11,100£11,100£11,100£11,000£10,900
Rate for gains above basic rate band20%20%28%28%28%
Rate for gains within basic rate band10%10%18% 18%18%
Gains on residential property (that do not qualify for PPR within basic rate band)18%18%
Gains on residential property (that do not qualify for PPR above basic rate band)28%28%

Entrepreneurs Relief

The first £10m of qualifying gains are charged at 10%. Gains in excess of the limit are charged at the rates detailed above.