Capital Gains Tax

Capital gains tax rates and bands for 2018/19.

 2018/192017/18
Lower rate (UK excl. Scotland)10%10%
Higher rate (UK excl. Scotland)20%20%
Trusts and Estates20%20%
Surcharge for residential property and carried interest8%8%
Annual exemption
Individuals, estates
Trusts
£11,300
£5,650
£11,100
£5,550
Chattels (gain restricted to 5/3rds proceeds over limit)£6,000£6,000
Entrepreneurs’ relief
Applicable rate
Lifetime limit
10%
£10m
10%
£10m

 

Notes

  • Entrepreneurs’ relief for trading businesses and companies (minimum 5% employee/officer shareholding) held for at least one year.
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