Capital Gains Tax


Capital gains tax rates and bands for 2018/19
On chargeable gains
Total taxable income and gains:
Up to higher rate threshold
From higher rate threshold
Trust rate
*Higher rates (18%/28%) may apply to the disposal of certain residential property and carried interest.
Annual exemption
– individual £11,700
– most trustees £5,850
Transfers between spouses or civil partners living together are generally exempt.


Entrepreneurs’ Relief and Investors’ 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 per relief.