Barrys Accountants Limited Tax Facts » Capital Gains Tax
 

Capital Gains Tax

Annual exempt amounts (2011/12)£
Individuals, personal representatives for year of death and two years thereafter

10,600

Trusts generally

 5,300

Rates 2011/12

Individuals

Standard rate                                                                                         18%

Higher rate                                                                                             28%

Trustees and personal representatives                                                       28%

Gains to which entrepreneurs' relief applies                                                10%

 
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