Capital Gains Tax

Tax year 2015/2016

Individuals

Individuals2015-162014-152013-14
Annual Exemption£11,100£11,000£10,900
Standard rate18% 18%18%
Higher Rate*28%28%28%

Trusts

Trusts2015-162014-152013-14
Annual Exemption£5,550£5,500£5,450
Chargeable %28%28%28%

*For higher and additional rate taxpayers

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.