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This is a freeview 'At a glance' guide.

What are the Capital Gains Tax rates, bands, reliefs and exemptions?

Capital Gains Tax (CGT) rates and bands

 

2021/22 & 2020/21

2019/20 2018/19 2017/18 2016/17 2015/16 2014/15  2013/14
Standard rate (basic rate taxpayers) 10% / 18% *  10% / 18% * 10% / 18% * 10% / 18% * 10% / 18% * 18% 18%  18%
Higher rate taxpayers rate   20% / 28% *  20% / 28% * 20% / 28% * 20% / 28% * 20% / 28% * 28% 28%  28%
Business Asset Disposal Relief (Entrepreneurs' Relief) - effective rate 10%  10% 10% 10% 10% 10% 10%  10%
Annual exemption                
Individual £12,300 **  £12,000 £11,700 £11,300 £11,100 £11,100 £11,000  £10,900
Settlement(s) - trustees £6,150 **  £6,000 £5,850 £5,650 £5,550 £5,550 £5,500  £5,450
Chattels exemption (proceeds per item or set) £6,000
Marginal relief 5/3 excess over £6,000
Business Asset Disposal Relief (Entrepreneurs' Relief) lifetime allowance  £1 million   £10 million (until 11 March 2020, then £1million)

 

Which rate?

Annual exemption

Special cases

Capital Gains Tax basic rules

Capital Gains Tax reliefs: Disposal of business assets.

Old Rates

   2011/12 to  2012/13 2010/11 2009/10 2008/09
Standard rate (basic rate taxpayers) 18% 18% 18% 18%
Higher rate taxpayers rate  28% 28% 18% 18%
Business Asset Disposal relief (Entrepreneurs' Relief) - effective rate 10% 10%  10% 10%
Annual exemption        
Individual £10,600 £10,100 £10,100 £9,600
Settlement(s) - trustees £5,300 £5,050 £5,050 £4,800
Chattels exemption (proceeds per item or set)  £6,000   
Marginal relief  5/3 excess over £6,000   
Business Asset Disposal Relief (Entrepreneurs' Relief) lifetime allowance  £10 million 

£5 million/
£2 million until
22 June 2010

£1 million £1 million

 


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