2018/19 Capital Gains Tax

On chargeable gains 2018-19
Total taxable income and gains up to the higher rate threshold 10%
Total taxable income and gains from the higher rate threshold 20%
Trust rate 20%

Higher rates (18/28%) may apply to the disposal of certain residential property and carried interest.

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.

Annual exempt amount – individuals £11,700 and most trustees £5,850