Online Resources: Capital Gains Tax

Capital gains tax rates and bands for 2017/18
On chargeable gains
Total taxable gains and income:
- Standard rate
18%
- Higher rate    28%
Annual exemption
- individual
£11,300
- most trustees
£5,650
Gains to which entrepreneurs relief applies*   
10%

 

Entrepreneurs' Relief

Qualifying gains will be taxed at 10%.

Claims may be made on more than one occasion up to a “lifetime” total of £10 million.

Note

  1. Transfers between husband and wife or civil partners living together are generally exempt.


If you require help with something that is not listed above then still get in touch as we may still be able to help!

Call A & R Accountants today on 01332 295963 or email: This email address is being protected from spambots. You need JavaScript enabled to view it. for more information.