2015/16 Capital Gains Tax

On chargable gains 2015-16
Total taxable income and gains upto £31,785 18%
Total taxable income and gains from £31,786 28%
Trust rate 28%

 

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.
Annual exempt amount – individuals £11,100 and most trusts £5,550
Transfers between spouses and civil partners are generally not chargeable.